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October 19, 2011 03:05 pm

Ballmer: We're Lucky Microsoft Didn't Buy Yahoo

alphadogg writes (quoting Networkworld): "Microsoft CEO Steve Ballmer feels intensely fortunate that his company's $44 billion bid for Yahoo back in 2008 never materialized. 'Sometimes you're lucky,' he said with a smile at Web 2.0 Summit, responding to a question from conference co-chair John Battelle. Careful not to offend his search market partner, Ballmer put his comment in context, saying that any CEO would feel grateful for not making a major acquisition in the months prior to the global financial collapse that started in the second half of 2008."

Read more of this story at Slashdot.



Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/7OuWfHy1b1c/ballmer-were-lucky-microsoft-didnt-buy-yahoo

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