Linked by Thom Holwerda on Sun 18th May 2008 20:42 UTC
When Microsoft said it withdrew its offer to buy Yahoo earlier this month, many people figured the acquisition dance was far from over - that the withdrawal and the subsequent letter from Microsoft CEO Steve Ballmer to his Yahoo counterpart were nothing more than a move in an ongoing strategic battle. It appears those people were right, as Microsoft just issued a statement regarding Yahoo.
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Member since:
2006-01-06
Its business is shrinking, not growing, and it's a mystery to me why Microsoft would even consider purchasing it. Even combining their Search/Advertising operations, MS would be left with a very small chunk of the pie. Not enough to justify $40B, in my opinion.