The announcement this afternoon that Microsoft is dropping its proposal to buy Yahoo looks to be accompanied by no ifs, ands or buts. In a letter to Yahoo CEO Jerry Yang, Microsoft CEO Steve Ballmer indicated no plans to launch a hostile takeover, and a company adviser said bluntly, “The offer is off the table.”
See this post on Brier Dudley’s blog for the full text of the letter. Here’s my story on the news.
So what do you think? Was this a good move or a bad move? How is Microsoft going to catch Google without Yahoo? How annoyed are you that after three months of anxious waiting we’ve got bupkis?