Microsoft to recalculate Yahoo bid?

Courtesy CNET Tech blog  Fri, 04/04/2008 - 4:42pm

Yahoo shares fell roughly 5 percent in after-hours trading, as rumors swirled Microsoft was considering lowering its buyout bid for the Internet search pioneer.

Shares of Yahoo dropped to $27.01, or 4.76 percent, in after-hours trading, after Reuters, citing a source, reported Microsoft was considering re-evaluating its bid.

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