REDMOND, Wash.--Microsoft CFO Christopher Liddell said Thursday that Yahoo is a "declining asset" and that the chances of a full-on acquisition are now "negligible."
Liddell elaborated on CEO Steve Ballmer's earlier comments, saying the company went into its bid "totally genuine" but soured on a deal because it was taking too long. He called Yahoo a "declining asset."
"Time passed and value eroded," he said. "I think the chances of us buying Yahoo...are so small that they are essentially negligible."
A search deal, he said, … Read more