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Saturday, May 03, 2008

Microsoft Walks Away

by Calculated Risk on 5/03/2008 09:22:00 PM

Off-topic (but probably of interest): From the WSJ Microsoft Withdraws Yahoo Offer After Sweetened Bid Is Rejected

Microsoft Corp. said it abandoned its offer for Yahoo Inc., as the two companies failed to bridge a gap between them on price.
Here is the Ballmer letter to Yahoo.