Wednesday, November 19, 2008

News Alert/Update- Ballmer- No Interest in Yahoo!

Photo credits: Microsoft Corproation (PressPass)
News Update: Ballmer- Microsoft not interested in Yahoo!

Amid the news of Jerry Yang's decision to resign (soon) from the CEO position at Yahoo!, rumors has once again gained ground about a potential Microsoft purchase of Yahoo!. However, at a company annual meeting, Ballmer stated that Microsoft is not interested in Yahoo. In the midst of the statement, the stock price has dropped by over 20 percent throughout the day to close at $9.14. Perhaps Yahoo! should have accepted the offer earlier?




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