YHOO Smart to Reject Latest MSFT-Icahn Offer, Which Was Just a Proxy Ploy

From Silicon Alley Insider, July 13, 2008:Microsoft (MSFT) and Carl Icahn made another formal, non-negotiable offer on Friday night to buy Yahoo’s search assets (without releasing details) and gave the company 24 hours to accept or reject it. Yahoo (YHOO)

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