Microsoft Issues Statement Regarding Yahoo!
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In light of developments since the withdrawal of the Microsoft proposal to acquire Yahoo! Inc., Microsoft announced that it is continuing to explore and pursue its alternatives to improve and expand its online services and advertising business. Microsoft is considering and has raised with Yahoo! an alternative that would involve a transaction with Yahoo! but not an acquisition of all of Yahoo! Microsoft is not proposing to make a new bid to acquire all of Yahoo! at this time, but reserves the right to reconsider that alternative depending on future developments and discussions that may take place with Yahoo! or discussions with shareholders of Yahoo! or Microsoft or with other third parties.
There of course can be no assurance that any transaction will result from these discussions.
Founded in 1975, Microsoft is the worldwide leader in software, services and solutions that help people and businesses realize their full potential
[Source MIcrosoft Press Pass]
4 Comments on this post
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Moin said:
Google also got better traffic than yahoo this term.. they are kind of dominating yahoo right now.. since after the refusal, their stocks went down
May 19th, 2008 at 7:52 am -
Siddharth said:
google is the best 
May 19th, 2008 at 11:17 am -
ajay said:
i wating for microsoft+ yahoo
May 19th, 2008 at 6:06 pm -
Siddharth said:
@ajay I think that Yahoo should have had accepted the deal
May 19th, 2008 at 8:56 pm