Ballmer Says Microsoft “Not Bidding To Buy Yahoo”
Posted by Eric Savitz
“We’re not bidding to buy Yahoo,” Microsoft CEO Steve Ballmer said today, according to Reuters.
Ballmer apparently made the remark in Herzilya, Israel, where he was launching a new Microsoft (MSFT) research and development center.
Instead, Ballmer said, the company is “trying to have discussions about deals with Yahoo (YHOO) that might create value, but not a whole acquisition of the company.” Microsoft is believed to have made an offer to buy Yahoo’s search business.