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Yahoo says Canyon Capital letter to board contains misperceptions

Yahoo Inc. (YHOO.O) said on Friday that a letter sent to its board from the investor Canyon Capital contained misperceptions about the company

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GE to sell appliances business to China's Haier for $5.4 billion

Haier Group said it would buy General Electric Co's appliance business for $5.4 billion, the Chinese company's latest attempt to boost its presence in the lucrative United States market.

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