It is official... Microsoft CEO, Steve Ballmer, had made of last pitch effort and increased the bid to $33 per share or roughly $5 billion. Yahoo! refused the offer wanting $37 per share. Microsoft has released an official statement on their press release page. Ballmer wrote of the Google/Yahoo advertising proposed partnership, "In our view, such an arrangement with the dominant search provider would make an acquisition of Yahoo! undesirable to us for a number of reasons..." He ended his letter to Yahoo's CEO, Jerry Yang with, "But, clearly a deal is not to be".
of course it is not safe . at the risk to be purshassed from microsoft . this last can loose interest to make it better .
I think Balmer is working out his mid life crisis and will not pursue Yahoo any further although things could change
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Have you heard the latest news? Microsoft walked out on Yahoo! and sent a letter to Yahoo! CEO explaining that Microsoft no longer wishes to buy Yahoo! because Yahoo! wanted to set up Google Ads at their website. However in my personal opinion I think the Google Ads offer was done deliberately by Yahoo! to get rid off Microsoft. Right now, I would not invest into any Yahoo! stock or securities. But this is just my personal opinion (so do not kill me if I am wrong.
Plus .. Microsoft is not even going to pursue the hostile takeover option. Complete withdrawal all together.
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