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Article: No Deal! Microsoft-Yahoo Talks Collapse Again.

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Client Server News
Article date:
June 16, 2008
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Microsoft Leaves the Door Ajar - Is It Over? Is It Really Over? Hmmm

Talks between Yahoo and Microsoft have failed for the second time.

Yahoo said Thursday afternoon that Microsoft has refused to buy Yahoo for $33 a share, the price Microsoft offered May 3 and then pulled off the table when Yahoo's co-founders held out for $37. Microsoft refusal makes its "strategic clarity" suspect.

Yahoo, in turn, refused to sell Microsoft just its search business, which Microsoft was willing to buy. No terms were disclosed but Microsoft claims Yahoo could have made a kiling.

With nothing left to talk about, all negotiations are off, Yahoo said, ...

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