Microsoft Still Interested in Yahoo

It seems that it is only a matter of time. Microsoft remains interested in acquiring Yahoo. The recent swings in the stock market and the value of Yahoo stocks gives Microsoft an opportunity:

“Shares of Yahoo Inc jumped 12 percent after Microsoft Corp Chief Executive Steve Ballmer reportedly said that a deal between the companies may still make economic sense for shareholders.

According to a Bloomberg report, Ballmer told a Gartner Inc conference in Orlando, Florida, that while the companies may pursue a search partnership in the future, there are no discussions now.”

link: Microsoft says deal with Yahoo still makes sense

In a possible business transaction of this magnitude, Steve Ballmer did not make a ’slip of the tongue’ and inadvertently disclose. It was clearly a signal to the Yahoo stakeholders and the Yahoo board of directors that there will be further offers. This just maintains the pressure on Yahoo - and Yahoo’s joint advertising with Google grows in importance. It may mean Yahoo’s survival.

Catherine Forsythe