Having floated potential tie-ups with News Corp. and Time Warner’s AOL unit as alternatives to being acquired by Microsoft, Yahoo is now taking another tack: making a case for remaining independent.
Yahoo on Tuesday released details of a plan that aims to nearly double its operating cash flow over three years to $3.7 billion and projects $8.8 billion in revenue in 2010. It also said it is on track to meet first-quarter targets.
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