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Yahoo stock up after report of possible bidder

NEW YORK
Tue Dec 2, 2008 1:03pm EST

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NEW YORK (Reuters) - Shares of Yahoo Inc (YHOO.O) rose more than 8 percent to $11.67 on Tuesday as the Wall Street Journal reported that former AOL chief executive Jonathan Miller was trying to raise money to buy a portion or all of the Internet media company.

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(Reporting by Ellis Mnyandu; Editing by Theodore d'Afflisio)



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