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Trying to open project in VS 2012 fails

May 13, 2014 at 9:40 PM
I am getting the following error when I try to open the ExtendedMerge2012 project in Visual Studio 2012. I am on 32 bit windows.

ExtendedMerge\ExtendedMerge.csproj: The application which this project type is based on was not found. Please try this link for further information:

The link does supplied by Visual Studio doesn't display any information. How can I get to load the project?