It’s now over for Yahoo and Microsoft. Yahoo today announced that discussions with Microsoft regarding a potential transaction– whether for an acquisition of all of Yahoo! or a partial acquisition– have concluded. The conclusion of discussions follows numerous meetings and conversations with Microsoft regarding a number of transaction alternatives, including a meeting between Yahoo! and Microsoft on June 8th in which Chairman Roy Bostock and other independent Board members from Yahoo! participated. At that meeting, Microsoft representatives stated unequivocally that Microsoft is not interested in pursuing an acquisition of all of Yahoo!, even at the price range it had previously suggested.
Meanwhile, right after junking Microsoft, Yahoo also announced that it has reached an agreement with Google Inc. that will enhance its ability to compete in the converging search and display marketplace, advancing the company’s open strategy. The agreement enables Yahoo! to run ads supplied by Google alongside Yahoo!’s search results and on some of its web properties in the U.S. and Canada. The agreement is non-exclusive, giving Yahoo! the ability to display paid search results from Google, other third parties, and Yahoo!’s own Panama marketplace.
Originally posted on June 12, 2008 @ 6:28 pm
“I have a delivery of new throwing chairs for a ‘S. Ballmer’? Can Mr Gates sign for it?”