Microsoft: We Don't Need Yahoo
According to Bloomberg News, Microsoft Corp. CEO Steve Ballmer said the world’s biggest software maker doesn’t plan to raise its $44.6 billion offer for Yahoo! Inc.
“We are offering a lot of money,” Ballmer said yesterday at a Microsoft conference in Milan. “If Yahoo’s shareholders like it, that’s great. We are prepared to go forward without a merger with Yahoo.” Microsoft has offered $31 a share in cash and stock, which is somewhere between $41 and $44 billion, depending on the day.
Microsoft
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