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Ballmer Speaks Yahoos Market Cap Jumps More Than $3 Billion

An off the cuff remark by Microsoft CEO Steve Ballmer this morning set Yahoo’s stock soaring more than 15% to $13.73, adding well over $3 billion in market cap to the struggling company. Speaking at the Gartner ITXpo, Ballmer reportedly said a Microsoft acquisition of Yahoo (presumably he’s talking about a full buyout, not the repeatedly rejected search deal) would still “make sense economically” for both companies shareholders.
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