Look for Yahoo stock to fall off a cliff. They better iron out that Google Ad deal or we might see Yahoo back in the low teens again. If I was Carl Ichan I would be spitting mad about now.
Yahoo! Inc. (Nasdaq:YHOO - News), a leading global Internet company, today announced that 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 in which Chairman Roy Bostock and other independent Board members from Yahoo! participated. 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.
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