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Yahoo shares drop, WSJ reports no deal with Microsoft
Microsoft runs across a news ticker above a Yahoo sign in New York City May 19, 2008.
Credit: Reuters/Joshua Lott
NEW YORK |
NEW YORK (Reuters) - Shares of Yahoo dropped more than 8 percent on Thursday after the Wall Street Journal reported that negotiations between the Internet media company and Microsoft Corp ended without reaching a deal.
Yahoo shares fell 8.2 percent to $24 on the Nasdaq.
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