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Citigroup: Microsoft likely to raise bid for Yahoo (InfoWorld)

March 25th, 2008 by

InfoWorld:

Citigroup: Microsoft likely to raise bid for Yahoo  —  Microsoft will most likely increase its initial $44.6 billion bid for Yahoo, according to a Citigroup Investment Research analyst.  —  “We believe that a Yahoo sale to Microsoft — at a price higher than the initial $31 [per share] …

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