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Yahoo faces shareholder suit, in talks with News Corp. (Stefanie Olsen/CNET News.com)

February 13th, 2008 by

Stefanie Olsen / CNET News.com:

Yahoo faces shareholder suit, in talks with News Corp.  —  The bad news continues for Yahoo.  This week, as the Internet company cuts an estimated 1,100 jobs, it’s also been hit with a shareholder lawsuit for refusing Microsoft’s $44.6 billion buyout offer.

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