Thursday, October 16, 2008

article o' the week - Ballmer says Yahoo deal still 'makes sense'

The article is here on MarketWatch.

Ballmer said that while Microsoft is not in discussions with Yahoo at this time, "I still think it [an acquisition] would make sense economically for their shareholders and ours." Ballmer said he didn't know at what price a deal could be done. Microsoft had offered Yahoo $33 a share earlier this year, but Yahoo turned down that amount as too low. Ballmer laughed when he said Yahoo's executives, "Probably still think it's worth at least as much today."

I'm interested in watching the battle between Microsoft and Google. It makes for a good story.

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