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Current DateTime: 01:17:51 23 Nov 2009
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Bill Gates Doesn't Think Yahoo Deal Is Likely
By: Reuters | 27 Jun 2008 | 07:53 AM ET
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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 [MSFT  Loading...      ()   ] had sought a tie-up with Yahoo [YHOO  Loading...      ()   ]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 [GOOG  Loading...      ()   ], 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.

Copyright 2009 Reuters. Click for restrictions.
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