Early Rumor: Microsoft (MSFT) To Buy Yell

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News is slow the morning after Memorial Day, but to keep people glued to their screens, Reuters reports that Microsoft (MSFT) may buy UK online classifieds company Yell.

Steve Ballmer did say that the $46 billion he saved when Yahoo! (YHOO) turned down his bid would be spent elsewhere. Perhaps this is his start.

Douglas A. McIntyre