Microsoft loves Yahoo, Microsoft hates YahooOctober 16, 2008: 5:02 PM ET
By Yi-Wyn Yen
Microsoft needs to get its story straight.
But within an hour of the news, Microsoft (MSFT) spokesman Frank Shaw issued an statement to retract Ballmer's comments. "Our position hasn't changed. Microsoft has no interest in acquiring Yahoo!; there are no discussions between the companies," Microsoft said.
Yahoo spokeswoman Kim Rubey said the company had no comment on Ballmer's statement. Yahoo's investors, meanwhile, are loving the idea that Microsoft is even considering returning to the negotiating table. After trading in the $11 range, Yahoo's shares jumped 10% to $12.93 on Thursday.