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Ballmer Quashes Yahoo Bid Rumors; Open to Partnership

Microsoft 'done' with acquisition attempts, even after Yang's resignation

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(Newser) – Steve Ballmer quashed the rumor that Microsoft would make another offer to buy Yahoo now that Jerry Yang has quit as CEO, CNET reports. “We are done with all acquisition discussions with Yahoo,” the chief executive said today. “We did our best; we’ve moved on.”

While outright acquisition is off the table, Ballmer said Microsoft remains interested in a search partnership with Yahoo. “There’s no active discussion on that front, but we’d be very open to it,” he said.

This combination of two file photos shows Microsoft CEO Steve Ballmer, left, and Yahoo CEO Jerry Yang.
This combination of two file photos shows Microsoft CEO Steve Ballmer, left, and Yahoo CEO Jerry Yang.   (AP Photos)
Microsoft CEO Steve Ballmer looks on, during the meeting of the Hungarian Parliament's IT Committee in Budapest, May 19, 2008.
Microsoft CEO Steve Ballmer looks on, during the meeting of the Hungarian Parliament's IT Committee in Budapest, May 19, 2008.   (AP Photo)
Microsoft CEO Steve Ballmer addresses the annual Microsoft shareholders meeting today in Bellevue, Wash.
Microsoft CEO Steve Ballmer addresses the annual Microsoft shareholders meeting today in Bellevue, Wash.   (AP Photo)
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