Microsoft still pursuing Yahoo for acquisition deal

Microsoft CEO Steve Ballmer has said in a statement that they are still pursuing Yahoo for an acquisition deal.

He said that Microsoft would move ahead with their plans if Yahoo declines their offer once again.

He added: “We know what Yahoo is worth to us. We offered a lot of money: $44 billion. It is not a lot of Euros anymore. If their board thinks that’s fair, great. If not, we’ll move forward.”

Yahoo has just come out with their revenue report and they have posted better than expected revenues.

Microsoft said that this does not change their position. They are not planning to raise the value of the offer.

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