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Why Yahoo! Isn’t Worth $37 a Share

May 6th, 2008 | By Jason Simpkins | Category: Featured, Financial News

Shares of Yahoo! Inc. (YHOO) tumbled 15% yesterday (Monday) to close at $24.37 a share as investors responded to Saturday’s news that Microsoft Corp. (MSFT) would drop its $47.5 billion dollar bid for the beleaguered search engine firm.

But the tough times are just beginning for Yahoo, which must now prove why it is worth more than the lofty price Microsoft was offering.

Tags: ALBCF, AOL, Eric Jackson, GOOG, Ipo, Jerry Yang, Microsoft, Microsoft Corp, MSFT, NWS, TWX, Yahoo Shares
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