Ballmer Boosts Yahoo Morale By Mentioning Acquisition Reality

by Jason Wilk on October 16, 2008

  • Yahoo stock soared to a high of $13.73 today, a 15% jump over the previous day.
  • Steve Ballmer burped out today that a Yahoo acquisition would still make sense for both companies, although obviously not for the same price.
  • The news is big because it would get shareholders out of this mess, relieving them of dealing with an unpredictable and litigious future with Google.

TC

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