Microsoft withdraws Yahoo bid

3 05 2008

Expect the Google/Yahoo merger any day now…

NEW YORK (CNNMoney.com) — Microsoft Corp. said Saturday it has withdrawn its proposal to acquire Internet portal Yahoo Inc.

In a statement, Microsoft (MSFT, Fortune 500) CEO Steve Ballmer said “After careful consideration, we believe the economics demanded by Yahoo (YHOO, Fortune 500) do not make sense for us.”

via CNN

« Hillary: yesterday, today and tommorow Type type type type type type type type »


Actions

Informations

  • Date : 3 May 2008
  • Categories : Stuff

Leave a comment

You can use these tags : <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>