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Yahoo! and Microsoft are so over each other, it's not even funny

Talks Concluded
If you thought things were over between Microsoft and Yahoo!, you ain't seen nothing yet. Because now it's really, officially, super duper over. Yahoo! issued a press releases this afternoon making it clear that that not only will Microsoft not be purchasing all of Yahoo!, but Yahoo! won't be selling Microsoft even a part of its business. Not its search engine; not its email service; not even the key to replace the toilet paper and paper towels in the company restrooms (although honestly, we're not sure that was ever on the table).

According to the Yahoo! press release, Yahoo! board members decided that it would not be in the company's best interest to sell its search business. Microsoft, on the other hand, released a statement saying that such a partnership would have provided value for Yahoo! shareholders while ensuring a competitive marketplace.

Oh, and while Microsoft has withdrawn its proposal to buy all of Yahoo!, if Yahoo! decides to change its mind and come crawling back, Microsoft says its offer to buy just the search engine "remains available for discussion." So umm, yeah, maybe it's not really over yet.

[via Techmeme]

Tags: acquisition, merger, microsoft, search, yahoo

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