Earlier this year, as I reported, Microsoft offered to purchase search engine company Yahoo, however, the board of directors of Yahoo shot the offer down beause it ‘massively’ undervalued the company.

In Yahoo, Microsoft saw a way to make gains in the online realm. But after all the entreaties and ultimatums, the software giant wasn’t able to get its way, and Yahoo remains an independent company.

Yahoo Inc. Chief Executive Jerry Yang didn’t really want Microsoft Corp. to buy his company. By Saturday, Microsoft CEO Steve Ballmer didn’t want that either, leaving both technology giants facing fundamental questions about their futures.

In a letter to Mr. Yang on Saturday in which he withdrew Microsoft’s acquisition offer, Mr. Ballmer cited a divide over price, saying Microsoft had been willing to raise its offer for Yahoo…

According to my opinion it’s good to see that not every company can be embraced by Microsoft. Unfortunately it’s not that easy:

I’m getting the feeling that Yahoo is not acting in the best interest of their stockholders, but rather do what the board wants for personal reasons. Yahoo is in my opinion a sinking ship as google and others are fighting for marketshares.

Maybe things will chance quickly and all we have here is that Microsoft is publicly withdrawing their bid while they wait for Yahoo’s stock to crash and burn come Monday and let it plummet for several weeks. When the stock is at what they consider an acceptable price they’ll go back to a now humbled Yahoo with a much worse offer than what they’re getting now.

The defenite winner out of Microsoft’s failed attempt to buy Yahoo is Google because they no more have to to be scared of loosing their market leader position on the online ad market.

This is far from the end of it…