Deal brinksmanship or genuine threat? You be the judge.
The Wall Street Journal and Reuters reported on Tuesday that Microsoft has no intention of raising its bid to buy Yahoo beyond its initial offer of $31 per share in late January. And why would they, given that no credible counter offer has materialized.
Despite Yahoo co-founder Jerry […]

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The paperwork going back and forth on the Clear Channel case is piling up.
According to a filing from the banks being sued last night, it could increase almost exponentially.
“Discovery from the banks alone will involve the collection and review for production of hundreds of thousands of pages of documents and e-mails,” they say in a filing […]

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Check out the weak sales week.
 
Chain store sales posted their weakest year-over-year increase in five years in the latest week, according to the International Council of Shopping Centers-UBS index. Sales were up only 0.5 percent in the week ended March 29, the worst performance since April 5, 2003.
 
One culprit: weak sales of spring clothes.
 
In a […]

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