Yahoo rises on CEO's Microsoft remarks

Thu May 29, 2008 4:12am EDT
 
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NEW YORK (Reuters) - Shares of Yahoo (YHOO.O) rose in extended-hours trading after Chief Executive Jerry Yang said Microsoft (MSFT.O) "has a lot of interest in buying the company and we are listening."

Yahoo shares rose 2.4 percent to $27.80 after the closing bell.

 

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