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MS to "Move on" and say no to Yahoo!

Ballmer says no to more of the same
By: Sean Kalinich | Posted: Nov 7, 2008 1:04 pm

A couple of days ago the Big Boss at Yahoo! made a statement that Microsoft should buy Yahoo! and that it would be the best thing they (Microsoft) could do. Well now Steve Ballmer is replying to this statement in a recent speech given in Sydney Australia Ballmer said he had no intention of having another go at Yahoo!.


"We made an offer, we made another offer, and it was clear that Yahoo didn't want to sell the business to us," noted Ballmer, who added, "they turned us down at $33 a share... move on."


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But Ballmer made himself perfectly clear, repeating "We are not interested in going back and re-looking at an acquisition. I don't know why they would be either, frankly".


Well, Yahoo would be interested mainly because its situation is now particularly dire, after a planned advertising partnership with the Google monster came crashing down last week. Together, the two firms would have controlled over 80 per cent of the Interwibble's search market. Google backed away from the deal, to avoid being challenged by the US Department of Justice, which, unsurprisingly, saw the partnership as a bit of a competition killer.


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