Microsoft has announced it is dropping its bid to acquire one of their Internet competitors, Yahoo, after a three-month courting effort by Microsoft.
Offbeat
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Microsoft’s attempt to buy out Yahoo may never happen
Microsoft has been attempting to purchase Internet giant Yahoo! in hopes of leveraging the internet presence of Yahoo! in Microsoft’s battle with Google. However, Microsoft has seen a revenue drop this last quarter which could greatly affect the software giant’s ability to up the price again in hopes Yahoo! would accept.