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Ballmer: Microsoft could walk away from Yahoo deal

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Ballmer: Microsoft could walk away from Yahoo deal

Microsoft gave its first hint that it may abandon its $44.6 billion bid for Yahoo, as it approaches the deadline for a threatened proxy battle to oust Yahoo’s board. At a conference in Milan on Wednesday, CEO Steve Ballmer said Microsoft is “prepared to move forward without merging with Yahoo,” according to a transcript provided by the company.

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