Ballmer: Microsoft to officially shut up about Yahoo! deal

The takeover-deal-that-won't-die took yet another lurch from the grave yesterday, as Icahn and Ballmer ganged up on poor Chief Yahoo! Jerry Yang again, and announced that Microsoft might still be interested in buying Yahoo! or bits of Yahoo! so long at the current board gets the boot in August

Tags: Mergers and acquisitionsMicrosoft CorporationTakeoverYahoo! Incorporated
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By  Mark Sutton Published  July 8, 2008

The takeover-deal-that-won't-die took yet another lurch from the grave yesterday, as Icahn and Ballmer ganged up on poor Chief Yahoo! Jerry Yang again, and announced that Microsoft might still be interested in buying Yahoo! or bits of Yahoo! so long at the current board gets the boot in August.

While tech takeovers are often bumpy affairs, especially when companies are so closely identified with 'charismatic' leaders and founders, Microsoft's bid for Yahoo! just keeps crashing along in a ridiculous fashion. Carl Icahn is notorious for bad-mouthing the company boards that he has tried to oust in his many takeover bids, and this one is no exception. But the sheer amount of media speculation, ill-tempered insults and bloody-minded tactics shown by both parties in this one marks it out as something else - Google must be killing themselves with laughter as Yahoo! actually, genuinely, sign, seal and hand-deliver them market share.

There is one upside to the latest round of hostilities though - Microsoft has promised to keep a dignified silence on the matter now until the shareholders meeting next month. Which just leaves Carl and Jerry to duke it out. And maybe Google. And the US Justice Department...

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