Yahoo’s response crossed the wires just now, more than an hour after Microsoft (NSDQ: MSFT) broke the news that it was offering $44.6 billion in cash and stock for the Sunnyvale company: “Yahoo! Inc. (NSDQ: YHOO), a leading global Internet company, today said that it has received an unsolicited proposal from Microsoft to acquire the Company. The Company said that its Board of Directors will evaluate this proposal carefully and promptly in the context of Yahoo!
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