Saturday was the last day when Microsoft announced to withdraw its $46billion buyout offer to Yahoo Inc and hence ended months long saga between two internet pioneers. Microsoft further announced that it had no intention to make an unfriendly offer to Yahoo Inc.
In January when the offer was made it valued around $31 per share and on this Friday Yahoo stock ended at $28.67 per share.According to Microsoft CEO Steve Ballmer ‘Yahoo’s demand was illogical and beyond their understanding.
Ballmer narrated in a letter to Yahoo Chief Executive Jerry Yang Yahoo asked $5 billion add in value or minimum an added $4 per share and it led the deal at $37 per share.
Ballmer further described that it wouldn’t be a sensible act if that offer is openly taken to shareholders.
Ballmer also added that a partnership between Yahoo and “the dominant search contributor” as he called to Google would develop a merger that is desirable for a lot of reasons.

















