Microsoft’s Ballmer Not Interested in Being Yahoo’s First Runner-up
It appears Jerry Yang’s appeal for Microsoft to buy Yahoo is falling on deaf ears. According to AP, Microsoft CEO Steve Ballmer is just not interested anymore:
"We made an offer, we made another offer, and it was clear that Yahoo didn’t want to sell the business to us and we moved on," Ballmer said. "We are not interested in going back and re-looking at an acquisition. I don’t know why they would be either, frankly. They turned us down at $33 a share."
I can’t say I blame him. He did leave the door open for a partnership deal–likely similar to that he proposed before Google stepped in–saying:
"I’m sure there are still some opportunities for some kind of partnership around search, but I think acquisition is a thing of the past"
As I look out my window, I can’t help but compare Yahoo to one of the Fall leaves still on the tree. Desperately clinging to life, but ultimately doomed to blow around in the wind: directionless and likely to end up in the gutter. 🙁