Microsoft withdraws its offer to buy Yahoo
China Daily | Updated: 2008-05-05 07:13
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A May 4, 2007 file photo of Times Square news ticker flashes a headline about Microsoft above a billboard for Yahoo in New York. AP |
Microsoft Corp walked away from its bid to buy Yahoo Inc on Saturday after the Internet company turned down its offer to raise the price by $5 billion to $47.5 billion.
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