Microsoft CEO Steve Ballmer says that Microsoft dodged a bullet when it failed to acquire Yahoo in 2008. In February 2008, the technology giant famously made an unsolicited $44.6 billion acquisition offer for Yahoo. Cofounder Jerry Yang (then Yahoo’s CEO) and the Yahoo board rebuffed the offer and did what it could to kill the deal.
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Microsoft CEO Steve Ballmer on Not Buying Yahoo: “Sometimes, You’re Lucky”
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