Ballmer: Yahoo Buyout Is Not Gonna Happen

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imageSorry, Jerry, a buyout’s not gonna happen. That’s the message MSFT CEO Steve Ballmer made clear at a business luncheon in Sydney, Reuters says.

“We made an offer, we made another offer … We moved on,”Ballmer said. “We tried at one point to do a partnership around search … and that didn’t work either, and we moved on and they moved on. We are not interested in going back and re-looking at an acquisition. I don’t know why they would be either, frankly.”

But he did leave the door open for a potential search deal, something some analysts say Yahoo (NSDQ: YHOO) will have to consider if it wants to stay alive despite the demise of its search partnership with Google (NSDQ: GOOG). Ballmer’s definitive statement came after Yahoo CEO Jerry Yang suggested that MSFT buy Yahoo during the Web 2.0 conference yesterday.

Check out mocoNews for the search deal with *Verizon* that MSFT is trying to snatch from Google.

Photo Credit: DBegley

5 Comments

Large Web Design

It amazing to me that these two search engines have the opportunity to take a huge chunk out of Google if they were to come together, yet they are being stubborn and staying separate.

bettermarketer

It was a disaster strategy in action after Terry and atleast top 5 smart people left Yahoo! in jan . A company@ half the value now -still communicate we are focussed and will stay focussed . all smart people are either left the ship or planning to vacate anytime . its also interesting to say , some good people find it difficult to survive with the remaing lot . hope microsoct will come to their rescue otherwise a fine brand from 90s will die an early demise in 2009

jenkins

I wonder if Jerry or Sue can be put in jail for failing shareholders so badly?

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