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Yahoo Inc confirmed on Friday that it had received an unsolicited bid from Microsoft Corp to acquire the company and that its board of directors would consider the $44.6 billion deal.
Yahoo said in a statement that its board would evaluate the proposal "carefully and promptly in the context of Yahoo's strategic plans and pursue the best course of action to maximize long-term value for shareholders."
FAQ: Unsolicited Proposal From Microsoft
vasudevg.blogspot.com/.../yahoo-to-evaluate-proposal-from.html
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