Report: Microsoft, Yahoo Merger Talks Over
The discussion about a reported merger between Microsoft and Yahoo today has ended. According to unnamed sources cited by the Wall Street Journal, Microsoft broached the merger topic months ago and Yahoo quickly rejected the deal. The deal remains dead.
A Yahoo spokeswoman told internetnews.com the company refused to comment on “rumors or speculation.” Microsoft did not respond to requests for comment.
Microsoft’s motivation to merge with Yahoo likely stems from a series of Google successes — its launch of Web-based applications for small businesses, its outbidding of Microsoft for advertising firm DoubleClick and another quarter of spectacular financial results — has Microsoft hot for Yahoo’s Web presence once more.
Full article: internetnews.com