Breaking news: TechCrunch is announcing that Microsoft withdraws Yahoo bid

TechCrunch is publishing a breaking news on the evolution of the Microsoft-Yahoo story that has been going on for the last couple of months.

I will talk here about the details of what it looks like the end of the Microsoft-Yahoo saga, but rather jump to the second part of the TechCrunch post which is presenting a letter from Steve Balmer (Microsoft CEO) addressed to Jerry Yang (Yahoo CEO).

There are a couple of very interesting aspects in this letter:

  • Steve Balmer starts by thanking everybody from Yahoo that has been part of the discussion, but shortly afterwards he moves to describe the financial details of the disagreement
  • later on the letter, Steve presents in 5 clear points why a deal between Yahoo and Google would make the acquisition "undesirable".

So, even if the story seems to come to an end now, I am getting the feeling that this is not the end and we may be seeing some more episodes in the future

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