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Yahoo-Microsoft Merger (Again) Friday, May 02, 2008 - Iddo Genuth Home >> Headlines >> Internet   
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After a months-long standoff, Microsoft and Yahoo are in active merger talks, a person involved in the discussions said. Microsoft, which had threatened to abandon its bid, has increased its offer “by several dollars,” this person said. The merger talks represent an enormous breakthrough following weeks of behind-the-scenes discussions without any progress. Exact terms being discussed could not be learned.
(source: dealbook.blogs.nytimes.com)
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