Microsoft says Yahoo ad deal still makes sense

Yahoo had also rebuffed in May a full acquisition bid from Microsoft that was priced at $33 per share, or $47.5 billion. Instead, Yahoo signed a search advertising pact with Web leader Google Inc, which is being scrutinized by regulators.

“Perhaps there will continue to remain opportunities to partner around search,” Ballmer told a Gartner Inc conference in Orlando, Florida.

Read more (Reuters)

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One Response to “Microsoft says Yahoo ad deal still makes sense”

  1. Raheel Says:

    A very Wise Decision by Yahoo

    [Reply]

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