Microsoft (MSFT) May Increase Bid For Yahoo (YHOO) To $35
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The Silicon Alley Insider said that Sarah Lacy, host of Yahoo's TechTicker, confirmed their view that the Yahoo (Nasdaq: YHOO) and News Corp (NYSE: NWS) discussions are just a smokescreen to get Microsoft (Nasdaq: MSFT) to increase its bid. Sarah said that Microsoft will increase its bid to $35 within 10 days. She basically said it is a done deal and the new offer will be accepted by Yahoo.
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