Yahoo shares fall nearly 22 percent in premarket trading

Courtesy CNET Tech blog  Mon, 05/05/2008 - 7:25am

Yahoo shares took a hammering early Monday, falling 21.8 percent, to $22.41 per share in premarket trading, after Microsoft withdrew its unsolicited buyout bid over the weekend.

On Saturday, Microsoft said the two companies could not overcome differences in opinion over the price of a potential acquisition.

Microsoft ...



 

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