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Yahoo Stock Plunges After Microsoft Backs Off (Miguel Helft/New York Times)

May 5th, 2008 by

Miguel Helft / New York Times:

Yahoo Stock Plunges After Microsoft Backs Off  —  After Microsoft withdrew its $33-a-share offer for Yahoo on Saturday, the question was how far Yahoo’s stock would drop.  On Monday morning, the markets gave an initial answer: plenty.  —  Shortly before 11 a.m., Yahoo’s shares were off about 16 percent …

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