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BREAKING: Microsoft Sets Three-Week Deadline For Yahoo; Sends Letter To Board

This story was written by Rafat Ali.
Microsoft (NSDQ: MSFT) and Yahoo (NSDQ: YHOO) continue to play the cat-and-mouse game out in the open, even on the weekend: MSFT has send a letter to Yahoo board, and has set a three-week deadline for Yahoo to accept its current $31 a share offer or Microsoft will take its case to Yahoo shareholders.

The full letter is here. More to come

By Rafat Ali