Fighting Off Microsoft Take Over Cost Yahoo $79 Million

Yahoo disclosed in a SEC filing Friday that they spent $79 million to stop the Microsoft take over, which I am sure will annoy some stockholders who now have stock priced around $13 when the Microsoft bid went as high as $33.

Interestingly Microsoft CEO Steve Ballmer still is interested in the acquisition, though you would need a dance card to keep track of who is for or against the merger/buyout.

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