Dow futures sky high and now this. I'm still ahead for the year but
this really cut into profits.
TEL AVIV (MarketWatch) -- Microsoft Corp. is standing firm and won't
raise its $44.6 billion bid for Yahoo Inc., people close to the
Redmond, Wash., software giant (MSFT:Microsoft Cor****ation
News, chart, profile, more Last: 28.38+0.47+1.68% MSFT 28.38, +0.47,
+1.7%) told The Wall Street Journal. Microsoft has met once with Yahoo
and hopes to lure the Sunnyvale, Calif., Internet-services provider
(YHOO:Yahoo! Inc News, chart, profile, more YHOO 28.93, -0.06, -0.2%)
into serious discussions, the Journal re****ted. Microsoft's
strategists say that Yahoo's recent presentation to investors
contained nothing that would justify a higher price, and the worsening
economic downturn has made the current deal price seem that much more
attractive, the paper re****ted.
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