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Before Facebook became the most followed and discussed company in the world (well, at least on blogs that cover the Web), Yahoo was the Internet giant rumored to be eyeing a takeover, somewhere in the $1-1.6 billion range. Since then, Microsoft has become the leading contender, reportedly looking to take a 5% stake in the company at a valuation north of $10 billion.
This morning, BoomTown reports that Yahoo might still be in the running, with CEO Jerry Yang making frequent visits to Mark Zuckerberg & Co. at Facebook’s headquarters, and other sources revealing that Yahoo is strongly considering a major investment.