Despite remark from Ballmer, Microsoft says it's not interested in Yahoo
![](/wp-content/themes/betanews/images/authors/TIM_smallthumb.png)
UPDATED Microsoft was forced to issue an official statement following CEO Steve Ballmer's comments yesterday morning at Gartner ITXpo. Ballmer's remark that a Microsoft acquisition of Yahoo still makes sense caused an upward jolt in Yahoo's stock value.
The company's official word came later: "Our position hasn't changed. Microsoft has no interest in acquiring Yahoo!; there are no discussions between the companies."
Yahoo's shares began trading this morning still a bit inflated as a result, with an opening value only about 5% lower than yesterday's highest.
MarketWatch's Rex Crum reported Ballmer's remarks this morning, which expressed confusion about what per-share price Yahoo expected from the Microsoft buyout offer. He maintained, however, that a combination of the companies is still an economically feasible option.
Since those comments were made, Yahoo's stock value, which closed yesterday at $11.75, shot up to $13.42, more than 13%. Microsoft's previous bid for Yahoo stock placed shares at $33 each, but today, Ballmer reproachfully said that even though stock in the company has dropped, it "probably thinks its still worth at least [that] much today."