Summary:

Despite the chatterbugs flittering, Microsoft (NSDQ: MSFT) has made clear it does not want to buy Yahoo (NSDQ: YHOO). Yahoo’s beleaguered st…

Despite the chatterbugs flittering, Microsoft (NSDQ: MSFT) has made clear it does not want to buy Yahoo (NSDQ: YHOO). Yahoo’s beleaguered stock started shooting upwards earlier today (about 12 percent) after some remarks from MSFT CEO Steve Ballmer that a Yahoo deal could still “make sense economically” for both the companies shareholders. He said despite the recent precipitous drop in Yahoo’s share price, the company “probably thinks it’s still worth as least as much today,” as when Microsoft made its offer, which was

Now MSFT has made it clear: it has no interest in buying Yahoo, and no discussions are going on between the two companies. There goes that….

Comments have been disabled for this post