Yahoo attacks Microsoft bid tactics

Yahoo today attacked Microsoft as it again rejected its takeover offer, paving the way for a hostile bid for the internet firm.A joint letter published by the Yahoo chairman, Roy Bostock, and its chief executive, Jerry Yang, this morning accuses Microsoft of “mischaracterising the nature of our discussions” in the letter it published on Saturday.”We have had constructive conversations together regarding a variety of topics, including integration and regulatory issues,” Bostock and Yang’s letter said.

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