June 12, 2008 / 6:53 PM / 9 years ago

Yahoo shares drop, WSJ reports no deal with Microsoft

<p>Microsoft runs across a news ticker above a Yahoo sign in New York City May 19, 2008.Joshua Lott</p>

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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