Gates not ruling new deals out
InternetNews | at | by Mike
Microsoft does not rule out partnerships with other companies but has nothing imminent, Chairman Bill Gates said on Tuesday, after the software company pulled a $47.5 billion bid for Yahoo.
Microsoft walked away from its bid to buy Yahoo on Saturday, after the Internet company turned down its $33-per-share offer.
"The key decisions on that will be made by Microsoft CEO Steve Ballmer, who took a look at Yahoo and decided that, on our own, he likes the stuff that we're doing," Gates said in response to a reporter's question about Microsoft's plans.