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Yahoo Finds Microsoft Distracting

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Yahoo Finds Microsoft Distracting

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Yahoo has told the SEC that Microsoft’s unsolicited acquisition offer and trying to find an alternative “have been, and may continue to be, a significant distraction for our management and employees and have required, and may continue to require, the expenditure of significant time and resources by us.”

Part of its complaint includes the seven stockholder suits that were – as of Wednesday – lodged against it.

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