Microsoft: Still Not Interested in Yahoo; Open to Search Deal

Authored by Mark Hefflinger on November 19, 2008 - 10:11am.

Bellevue, Wash. - In the wake of Yahoo (NASD: YHOO) CEO Jerry Yang's announcement yesterday that he will step down, Microsoft (NASD: MSFT) CEO Steve Ballmer said on Wednesday that his company is still no longer interested in acquiring Yahoo, but remains open to a search partnership, the Associated Press reported. "Let me be clear," Ballmer said at Microsoft's annual shareholder meeting, "We are done with all acquisition discussions with Yahoo."

Ballmer reportedly added that, while Microsoft is "very open" to a search deal with Yahoo, the companies are not currently in talks on such an arrangement.

 

Related Links:
http://snipurl.com/5ygx0 (AP)

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