Microsoft's Ballmer Says, "Not Interested" In New Bid For Yahoo

[james2007]

Microsoft's Ballmer Says, "Not Interested" In New Bid For Yahoo

Microsoft chief executive Steve Ballmer on Friday said that Microsoft was "not interested" in making a new offer for internet company Yahoo, despite Yahoo's share price currently sitting at less than half what Microsoft initially offered.Speaking at a Committee for Economic Development of Australia lunch in Sydney, Ballmer said: "Look, we made an offer; we made another offer. It was clear that Yahoo didn't want to sell the business to us, and we moved on."

Ballmer said other deals with Yahoo had also been unsuccessful. "We tried at one point to do a partnership around search, not advertising. That didn't work either, so we moved on and they moved on."

"We are not interested in going back and re-looking at an acquisition," he said. "I don't know why they would be either, frankly."

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[pmcross]

Wow, i am really suprised the Microsoft is no longer interested in buying them considering how M$ likes to have a monopoly