Bussines Weekly

Acquisition
Microsoft Fails to Buy Yahoo

Following a battle with Yahoo last week, information technology giant Microsoft decided to retract his offered acquisition of Yahoo. Microsoft's decision was made after the US$47.5 billion (some Rp441.7 trillion) or US$33 per share was rejected by the Yahoo majority shareholder.

From the outset, Microsoft's offer was not heartily accepted by Yahoo majority shareholder and management under Jerry Yang. Jerry's att

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