Henry Blodget / Silicon Alley Insider:
Microsoft Raises Yahoo Offer To $32-$33 Through WSJ; YHOO Wants $37* — Microsoft (MSFT) leaks news that it is willing to pay $32-$33 for Yahoo—in a last attempt to get Yahoo (YHOO) shareholders to pressure the board to sell. It adds that Yahoo’s dope-smoking board wants “upper $30s.”
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