Ballmer: We're Lucky Microsoft Didn't Buy Yahoo

Posted by Unknown on Wednesday October 19, 2011 @02:17AM from the if-only-they-had dept.

alphadogg writes (quoting Networkworld): "Microsoft CEO Steve Ballmer feels intensely fortunate that his company's $44 billion bid for Yahoo back in 2008 never materialized. 'Sometimes you're lucky,' he said with a smile at Web 2.0 Summit, responding to a question from conference co-chair John Battelle. Careful not to offend his search market partner, Ballmer put his comment in context, saying that any CEO would feel grateful for not making a major acquisition in the months prior to the global financial collapse that started in the second half of 2008."

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The really winner is Jerry Yang by elrous0 · 2011-10-19 02:17 · Score: 5, Funny

Sure he turned down an offer of $33 a share from MS, only to have the stock plummet to half that value almost immediately afterwards. But he got to tell MS to go to hell, man!

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SJW: Someone who has run out of real oppression, and has to fake it.
This sounds like a good Microsoft strategy. by goffster · 2011-10-19 02:26 · Score: 5, Funny

Whenever they feel the need to embark on "yet another ill conceived venture" they could
simply sit on their hands and reap the benefits of not having done it.