Microsoft Corp.'s $6 billion deal to buy Web advertising agency aQuantive Inc. reduces the likelihood that the company would seek a deal with Yahoo Inc.
"It lowers the probability that Microsoft is buying Yahoo, at least in the near-term," Stifel Nicolaus analyst Scott Devitt said after Microsoft's agreement to pay a hefty 85 percent premium for aQuantive in an all-cash deal. "Microsoft may be more interested in piecemealing together the highest-quality franchises that replicate what Yahoo already has," Devitt said in a phone interview.
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