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Ballmer Still Yahoo for Yahoo

Microsoft isn't a company known for giving up easily -- and in the case of Yahoo, it's still stubbornly gunning for a deal.

You probably recall that after Ballmer’s $40 billion-plus bid was rejected, Microsoft gave up the chase, only to see Carl Icahn start to buy up shares, manipulate the board, try to get the deal done with Microsoft, and then cash in on the premium Microsoft would have to pay.

Seems like Ballmer is now fine with that approach, and is himself pushing for the Yahoo board to be largely overthrown so he can buy all or a part of the company.

I still think it’s a bad deal...but then again, Ballmer is worth $15 billion and I’m just an underpaid journalist.

Now imagine this scenario: Ballmer and Icahn end up replacing the Yahoo board, but then Microsoft doesn’t even buy the company. Imagine the fallout.

Should Ballmer buy Yahoo? Your erudite answers welcome at [email protected].

Posted by Doug Barney on July 08, 2008


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