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Yahoo board set to rebuff Microsoft bid: report

SAN FRANCISCO (Reuters) - Yahoo Inc's board believes Microsoft Corp's unsolicited bid of $44.6 billion to acquire Yahoo "massively undervalues" the company and directors are set to reject the offer, the Wall Street Journal reported on Saturday, citing an unnamed source.


Source: http://feeds.reuters.com/~r/Reuters/InternetNews/~3/232270402/idUSN0954710220080209

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