Last week, General Counsel of Microsoft Brad Smith issued the statement related to Yahoo's announcement made earlier about Yahoo starting a limited test of Google's AdSense for Search service, which will deliver relevant Google ads alongside Yahoo!'s own search results.
So responding to it, Microsoft issued the following statement :
“Any definitive agreement between Yahoo! and Google would consolidate over 90% of the search advertising market in Google’s hands. This would make the market far less competitive, in sharp contrast to our own proposal to acquire Yahoo! We will assess closely all of our options. Our proposal remains the only alternative put forward that offers Yahoo! shareholders full and fair value for their shares, gives every shareholder a vote on the future of the company, and enhances choice for content creators, advertisers, and consumers.”
You can also read the Full Press release of Yahoo here.
So now these three are in the ring now. Btw, have you noticed all these three names have two O's in their name.