Fighting off Microsoft cost Yahoo $36 million in fees

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Fighting off Microsoft cost Yahoo $36 million in fees

In an SEC filing, Yahoo reported that through June, it spent $36 million on fees for third-party advisors helping it deal with Microsoft's unsolicted bid for the company and all its fallout. The New York Times figures most of the money went to financial advisors Goldman Sachs, Lehman Brothers and Moelis & Company. Skadden Arps provided Yahoo with legal advice.

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