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Rumors of an imminent Yahoo (YHOO +4%)/Microsoft (MSFT -4%) deal, which sent YHOO shares up as...

Nov. 05, 2008 12:41 PM ETAltaba, Inc. (AABA)AABA, MSFTBy: Eli Hoffmann, SA News Editor
Rumors of an imminent Yahoo (YHOO +4%)/Microsoft (MSFT -4%) deal, which sent YHOO shares up as much as 10%, aren't true, DealBook says - nor is CEO Jerry Yang planning to step down. A broker stoked rumors by citing an internal Yahoo memo which referred to a "major & historical announcement" some time today.

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