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Bill Gates Doesn't Think Yahoo Deal Is Likely

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

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By: Reuters

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)

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.