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Microsoft’s Ballmer Rules Out Reviving Yahoo Acquisition Offer

 Microsoft Corp. said it has no interest in acquiring Yahoo! Inc., after Yahoo Chief Executive Officer Jerry Yang said the Internet company is willing to sell.Microsoft, the world’s largest software maker, has “moved on,” and isn’t planning to make another bid, Microsoft Chief Executive Officer Steve Ballmer said today at a conference in Sydney. It may still have partnership deals with Yahoo, he said.

“We’re not interested in going back and re-looking at an acquisition,” Ballmer said. “I’m sure there are still opportunities for some kind of partnership around search.” He didn’t elaborate on the potential partnerships.

Yang said this week that he is “open to everything” after Google Inc. backed out of a proposed online-advertising partnership, narrowing his options for turning around Yahoo. The remarks fueled investor speculation that Microsoft might bid for all or part of Yahoo, pushing the Internet company’s shares up as much as 7 percent yesterday in New York trading as the broader market declined.

“To this day, I would say that the best thing for Microsoft to do is to buy Yahoo,” Yang said Nov. 5 at a conference in San Francisco. “I don’t think that is a bad idea at all.”

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