GO
Loading...

Bill Gates Doesn't Think Yahoo Deal Is Likely

Reuters
Friday, 27 Jun 2008 | 7:53 AM ET

Microsoft's Bill Gates told NBC's Tom Brokaw he does not think a deal with Yahoo was likely, CNBC reported on Friday. (Video: Gates and Brokaw discuss MSFT's past and future)

Bill Gates
AP
Bill Gates

Microsoft had sought a tie-up with Yahoo for more than a year and by early May had offered up to $47.5 billion, or $33 per share, to buy the Internet company.

The software giant had hoped a Yahoo deal would accelerate its ability to capitalize on Web advertising growth and compete with Google , which is increasingly fighting for the same Internet audience.

Gates is retiring from Microsoft on Friday, although he will remain the company's non- executive chairman.

CNBC will preview segments of the Brokaw interview all day on Friday.

  Price   Change %Change
MSFT
---
YHOO
---
GOOGL
---

Contact Software

  • CNBC NEWSLETTERS

    Get the best of CNBC in your inbox

    › Learn More
  • Matt Hunter is the senior technology editor at CNBC.com.

  • Cadie Thompson is a tech reporter for the Enterprise Team for CNBC.com.

  • Working from Los Angeles, Boorstin is CNBC's media and entertainment reporter and editor of CNBC.com's Media Money section.

  • Jon Fortt is an on-air editor. He covers the companies, start-ups, and trends that are driving innovation in the industry.

  • Lipton is CNBC's technology correspondent, working from CNBC's Silicon Valley bureau.

  • Mark is CNBC's Silicon Valley/San Francisco Bureau Chief covering technology and digital media.