Scandalous Details Revealed But YHOO MSFT GOOG Dynamic Remains Intact: Tech Ticker, Yahoo! FinanceFirst Faved : Jun 04 2008 by ToshFaved : 1 time with noteViewed : 3 timesFave It!
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Quoted: Documents unsealed Monday evening reveal some sexy details on the process inside Yahoo, but probably don't change the dynamic with Microsoft, Carl Icahn -- or Google, for that matter.
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Among the highlights:
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Microsoft made a $40 per share bid for Yahoo in January 2007, but was rebuffed by then CEO Terry Semel.
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Microsoft went public with its 2008 bid after attempting another private transaction and coming to the conclusion that Yahoo CEO Jerry Yang was adamantly opposed to selling.
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