By Kevin J. Delaney and Matthew Karnitschnig
Word Count: 513 | Companies Featured in This Article: Microsoft, Yahoo, Legg Mason, Google
Microsoft Corp.'s deadline to reach a friendly deal with Yahoo Inc. in its takeover bid expired without comment from either party, setting the stage for a hostile acquisition attempt.
The two companies and their advisers have been talking in recent weeks, but achieved no breakthroughs that would lead them to a friendly deal by Saturday, said people familiar with the matter. That's the day Microsoft Chief Executive Steve Ballmer had set as a deadline for Yahoo to reach a friendly deal before Microsoft goes hostile, threatening to lower the price in that case.
The issue of price has been a ..
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