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Microsoft drops $42.3 billion bid for Yahoo
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Microsoft withdrew its $42.3 billion (¥4.4 trillion) bid to buy Yahoo on May 3.
Microsoft was willing to pay $47.5 billion (¥5 trillion), or $33 (¥3,500) per share, for Yahoo, but Yahoo was asking for at least $53 billion (¥5.6 trillion), or $37 (¥3,900) per share.
If Microsoft had agreed to Yahoo's demands, Yahoo would have doubled its stock price since Microsoft first made its bid three months ago.
Microsoft had hoped to topple online search and advertising leader Google by buying Yahoo. (AP)
マイクロソフト、ヤフー買収案を撤回
米マイクロソフト社は5月3日、米ヤフーの買収案を断念することを明らかにした。買収額で折り合いがつかなかったことが原因とみられている。
Shukan ST: May 16, 2008
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