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Report: Microsoft, Yahoo! Talks Step Up
SAN FRANCISCO - Microsoft(MSFT Quote) and Yahoo!(YHOO Quote) are reportedly engaged in last-minute talks to reach a merger agreement on friendly terms.
The Wall Street Journal, which previously reported that Microsoft was preparing to go hostile with its bid for Yahoo!, now says talks have suddenly intensified in the hopes that both sides can reach a more amicable deal.
At the same time, the Journal hedged its bets by allowing for the possibility of the talks to fail, as they have in the past. ...
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