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again via Techcrunch...

 

"Sources have indicated to us that Yahoo has scheduled a special boardof directors meeting on Friday to determine, effectively, the fate ofthe company. After a week of hectic negotiating, it’s clear that no oneis going to step in with a competing acquisition offer to whatMicrosoft put on the table last Friday - $31 per share. Softbank, the last real chance for a competing bid, bowed out today and said they would not be challenging the Microsoft offer."

 

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