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Web giant Yahoo eyes Nebraska town for operations

August 27, 2008
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LINCOLN, Neb.—Internet giant Yahoo is eyeing an Omaha suburb as the location for some of its operations.

The company recently applied for the biggest slate of state tax breaks available in Nebraska to help set up some operations in La Vista.

If the company goes ahead with the project, within four years it would have to invest at least $100 million and create at least 50 jobs with a minimum average salary of $68,700.

Nebraska Tax Commissioner Doug Ewald said Wednesday that the application for tax breaks doesn't guarantee Yahoo is coming to the state. Yahoo also could have filed for tax breaks in another state, but Ewald says he wouldn't know if it had.

A spokesman for Yahoo said he couldn't immediately comment on the company's plans.

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