Microsoft considers new Yahoo! deal

Posted by Scott_Ruecker on May 18, 2008 9:05 PM EDT
CNN.com
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Microsoft is talking to Yahoo! about an alternative transaction that doesn't involve an acquisition, the world's largest software maker said Sunday. Yahoo said it is open to "pursuing any transaction which is in the best interest of our stockholders." The announcement comes two weeks after Microsoft abruptly stopped its pursuit of Yahoo, withdrawing a sweetened $46 billion offer and saying it would not make a hostile bid for the Internet company.

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