5 posts • joined Friday 6th June 2008 19:29 GMT
Ballmer & Yahoo?
So what? If MS had bought them then at that price, there'd by now be no Yahoo share price to track, so nobody would have been any the wiser!
"Ballmer is probably quietly relieved he withdrew from the deal six months ago, given the way the market has turned. Yahoo! rejected his offer of $33 a share, saying it was not enough. Since then, Yahoo!'s shares have lost more than half their value: Yahoo! was trading around $27 in May. An agreement would have left Microsoft out of pocket and raised questions about Ballmer's judgment."