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Hostile takeover looms as Yahoo ignores Microsoft's ultimatum

Posted: 29 Apr 2008  Print Version  Bookmark and Share Subscribe

Keywords: hostile takeover  acquisition bid  Microsoft ultimatum 

[Summary of tips] Microsoft Corp.'s three-week deadline for Yahoo Inc. to accept its $44.6 billion offer expired at midnight Apr. 27, setting the stage for a hostile takeover bid by the software giant, according to Agence France Presse.The expiration of ultimatum, without comment from either party, is now perceived to pave the way for an ugly pr......
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