Hallelujah! (should that read "Yahoooooo!"?)

Saturday, May 03, 2008
Steve Ballmer just sent out an email to all Microsoft employees notifying us of the withdrawal of the takeover offer for Yahoo. I guess it finally dawned on him that they don't like us and they were going to do everything in their power to stop this process. I am happy to have a chief executive who is capable of pulling back from the brink.

Update: Apparently Yang & Co. were in Redmond today to try to close the deal. That and other interesting tidbits are found here.

Mini-msft (as always) provides the most honest insider view of the situation. Jives with everything I've heard.


Luther McLeod said...

Perhaps he saw your earlier link about his lack of success in acquisitions MHA.

I could not see value gained in this particular one.

Did he hear a whisper in his ear from Bill I wonder?

No matter... he did still make the right decision. There may yet be hope for MSFT.