Microsoft Will Not Acquire Yahoo
Speculations are going through that Microsoft may still be interested in Yahoo. A firestorm of speculation that a pile between the two companies may be in the works is cited as a main factor for yahoo’s 13 per cent jump in stock price on Thursday.
Microsoft’s PR department responded to the reports, however. Shortly after the report surfaced, the company sent out a statement through its press release channels. Microsoft’s view hasn’t changed they’re not interested in acquiring Yahoo; there are no discussions between the companies.
The gossips, all the same, have already yielded memories of the public acquirement saga between the two companies earlier this year. When Microsoft walked away from the table and its $33 per-share offer as Yahoo gave word of an advertising deal with Google which the company contended would eventually raise its value above that which Microsoft had offered, the deal ended.