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Detroit funds sue Yahoo over Microsoft rebuff

LOS ANGELES (Reuters) - Two Detroit pension funds sued Yahoo Inc and its board on Friday for rejecting Microsoft Corp's unsolicited $41.2 billion offer in a sign of growing shareholder frustration with the online search and media company.


Source: http://feeds.reuters.com/~r/Reuters/InternetNews/~3/239606840/idUSN2260044020080222

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