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Microsoft threatens Yahoo

Steve BallmerMicrosoft Corp. sent a letter to the Yahoo Board of Directors setting a three-week deadline for moving forward on its more than $40 billion buyout offer, other wise Microsoft will take its case directly to Yahoo shareholders and work to elect a new slate of directors. The letter was signed by Microsoft CEO Steve Ballmer. The bid to buy Yahoo was made in January and announced Feb. 1 for $44.6 billion

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