Microsoft gives up acquiring Yahoo!

Finally the novel "Microhoo" ended, and in the worst possible way (for both parties): without a deal. Steve Ballmer apparently tired of waiting for a position of Jerry YangAnd he sent on the sabbath, an open card for the competitor's CEO.

In the letter, Ballmer thanks Yahoo! for having considered the offer, and says that you cannot raise it further, remembering that there has already been an increase of U$ 5 billion on the initial, totaling U$ 49.6 billion. This represents U$ 33.00 in each share of the company, something that, until 31 January, when the initial offer was made, it was practically impossible to happen overnight – as in fact occurred.

Ballmer poked him hard. agreement recently done between Yahoo! and Google, in which the first began to broadcast ads of the second in the search service results. He said it makes the deal unfeasible, and it undermines the company's future.

Now, doubt is how the market will react, and how the companies You'll get out of this. I believe Ballmer took Yahoo's bait, which clearly sought alternatives for sale and, at the same time, filled the bag with the executives of Yahoo! Microsoft. You did it.

[.Via WinHelp.]


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