Microsoft Ready For Hostile Bid; Announcement Could Come Tomorrow

Microsoft (NSDQ: MSFT) is now leaning towards a hostile bid to take over Yahoo (NSDQ: YHOO), and the announcement may come tomorrow morning, WSJ reports, citing sources. But the situation is still fluid and could change. Earlier today MSFT CEO Steve Ballmer was also making a case of backing out of the bid, if the need comes.

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