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Yahoo! Slides on Latest Microsoft Stiff-Arm
Updated from 1:10 p.m. EDT
SAN FRANCISCO - Shares of Yahoo!(YHOO Quote) slumped Monday after the company turned down another chance at a transaction with Microsoft(MSFT Quote).
Both Microsoft and financier Carl Icahn, who has been working for a full-out merger with Microsoft, approached Yahoo! over the weekend with a sweetened offer to buy the company's search business, giving it 24 hours to make a decision.
But once again, Yahoo! turned down the deal. ...
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