Microsoft withdraws Yahoo offer Microsoft withdrew its offer for Yahoo on Saturday as negotiations fell through on price, even after the software giant raised its bid by about $5 billion to $47.5 billion.
Microsoft Chief Executive Steve Ballmer said his company increased its offer to $33 per share, from the $31 per share cash-and-stock bid that it initially made on January 31. But Yahoo was looking for $37 a share, Ballmer said.
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