Putting an end to months of speculation, on Friday last week, Microsoft withdrew its final $47.5 billion offer to acquire Yahoo! The conclusion of its rather long-drawn chase to acquire Yahoo! comes as a surprise to many, as it was only Saturday that we heard of a new ray of hope for a marriage between the two biggies following speculation of Microsoft sweetening its takeover bid, which the company obviously did.
Eliciting the reasons that triggered its final decision, Microsoft said that despite best efforts and a roughly $5 billion bid to acquire Yahoo!, the company did not move forward and accept the offer. Microsoft said they believe that the economics demanded by Yahoo! did not make sense for them after all, hence pulled back.
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