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Microsoft's Ballmer `Done' With Talks to Buy Yahoo (Update2) November 19, 2008

By Dina Bass and Crayton Harrison

Nov. 19 (Bloomberg) — Microsoft Corp. Chief Executive Officer Steve Ballmer said all acquisition talks with Yahoo! Inc. are “done,” even after Yahoo CEO Jerry Yang announced plans to step down. Yahoo fell as much as 20 percent in Nasdaq trading.

“We thought we had something that made sense. Didn’t make sense to them. We’ve moved on,” Ballmer, 52, said today at a shareholder meeting in Bellevue, Washington. He reiterated that a partnership between Microsoft and Yahoo in the Internet-search market is an “an interesting possibility.” There are no talks about such an agreement, he said today.

Read The Rest—>Microsoft’s Ballmer `Done’ With Talks to Buy Yahoo (Update2)

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