Yahoo has said in a report filed with U.S. regulators that Microsoft's recent bid to purchase the company is a distraction, and warned investors of such. Microsoft offered to purchase Yahoo for $44.6 billion on February 1st, but Yahoo officially rejected the bid just 10 days later. Yahoo's annual report to the U.S. Securities and Exchange Commissio...

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	www.macnn.com/articles/08/02/28/yahoo.report.ms.offer/