What is Yahoo! worth?

03/19/2008 | Bloomberg Businessweek

On Tuesday, Web portal Yahoo! issued an upbeat forecast regarding its 2008 earnings, reportedly in an effort to convince investors that the board is right in refusing to accept a buyout bid for Microsoft. Yahoo! co-founder-CEO Jerry Yang said, "Yahoo! is positioned for accelerated financial growth -- we have a powerful consumer brand, a huge global audience and a highly profitable operating model."

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