Microsoft won't buy Yahoo!

This, in general, was to be expected. Despite the prodigious sum of almost $ 44 billion proposed by the largest software maker, the management of the Internet giant Yahoo! yet did not go to this deal. In an official letter, Microsoft representatives noted with regret that they had to abandon this hands-free purchase. However, the Redmondists are hinting that Jerry Yang (the executive director of Yahoo!) is also not happy with the failed deal. It is worth noting that immediately after the refusal of Microsoft from the acquisition of Yahoo !, the latter’s shares dropped significantly by as much as 17%. So Young’s disappointment is understandable.

According to official data, Microsoft believes that by now the merger is not at all beneficial for shareholders. But at the same time he declares that the company already has a well thought-out scheme for the further development of the Internet segment. However, representatives of the corporation do not yet cover possible associations and future partners.

via 3DNews