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Yahoo shares fall 14 percent after Microsoft withdraws bid »

Posted by: Ousama 4 months ago

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SAN FRANCISCO Yahoo shares fell 14 percent Monday as hopes for the once-dominant Internet icon dimmed following Microsoft's withdrawal of a $47.5 billion takeover bid. The sell-off wiped out nearly half the gain in Yahoo Inc.'s stock price since Microsoft Corp.made its initial offer in an effort to challenge online advertising and search leader Goo

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