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Yahoo rejects latest offer from Microsoft and Carl Icahn

Internet media giant Yahoo has now rejected the latest deal offered to them by Microsoft and Carl Icahn.

The deal was for the search business operations of Yahoo.

Yahoo has till now rejected all the offers made by Microsoft including one for a complete acquisition.

Microsoft and Carl Icahn had given them just 24 hours to accept the latest offer.

Yahoo said in a statement that the deal was inferior to their current agreement with Google which involves running Google ads on some Yahoo search pages in USA and Canada.



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