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Give Microsoft(MSFT Quote) CEO Steve Ballmer credit for the scale of his ambition.
On Friday, The New York Post reported that Microsoft had recharged talks to buy Yahoo! (YHOO Quote) for as much as $50 billion. The deal would put a steep premium on Yahoo! shares, which soared more than 18% to $33.38 in midday trading on Friday. Microsoft was off 1.6% to $30.48.
Both parties have refused to comment on a potential deal, the possibility of which has been mulled for quite some time now. But an acquisition of Yahoo! by Microsoft could make more sense than ever, given recent events. ...
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