Gadgets & Tech – SEATTLE - Microsoft Corp. has withdrawn its $42.3 billion bid to buy Yahoo Inc., scrapping an attempt to snap up the tarnished Internet icon in hopes of toppling online search and advertising leader Google Inc.The decision to walk away from the deal came Saturday after last-ditch efforts to negotiate a mutually acceptable sale price proved unsucces
By turning down billions of dollars on behalf of their shareholders Jerry Yang and Yahoo's board of directors have demonstrated that they are the biggest bunch of Yahoos on earth. It's too bad we all don't have their money so we could turn down 170% cash offers on all of our assests. Thanks Jerry! ymfpos
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After this bid, Google will share online advertising more than 80-90 % in 5 years.
Microsoft should get a little bump up and Yahoo will be crushed.