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Microsoft called off its bid for Yahoo on May 3. Stock in the software group rose 3% in early trading, but subsided to close lower at $29.08 a share giving the company a market cap of $271bn. Microsoft’s market value was $303bn on January 31, the last day of trading prior to its offer for Yahoo.

Yahoo shares fell 15% to $24.37

• Microsoft letter
• breakingviews coverage of Microsoft/Yahoo saga

Breakingpoll

Will Microsoft be back to buy Yahoo? To vote, click here.

5 May 2008 -

Ripe for the picking

8 Feb 2008 -

Bad, not that bad