“We’re so over!” That seems to be what Yahoo is saying in a short statement released this afternoon regarding any sort of Microsoft acquisition. The company writes:
“… discussions with Microsoft regarding a potential transaction -- whether for an acquisition of all of Yahoo! or a partial acquisition -- have concluded. The conclusion of discussions follows numerous meetings and conversations with Microsoft regarding a number of transaction alternatives, including a meeting between Yahoo! and Microsoft on June 8th … At that meeting, Microsoft representatives stated unequivocally that Microsoft is not interested in pursuing an acquisition of all of Yahoo!, even at the price range it had previously suggested.”
So what’s the game plan from here? According to CNET, Yahoo will announce a search partnership with Google later this afternoon. Yahoo had a successful trial run with Google advertising back in April.