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Yahoo sued for spurning Microsoft (Randall Chase/Associated Press)

February 23rd, 2008 by

Randall Chase / Associated Press:

Yahoo sued for spurning Microsoft  —  DOVER, Del. - Two Detroit pension funds have sued Yahoo Inc. and its board of directors, saying they breached their duties to shareholders in trying to thwart a takeover by Microsoft Corp.  —  The lawsuit was filed in Delaware Chancery Court on Thursday …

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