If that all sounds familiar, it's because Microsoft has made such declarations several times in recent months as it disputed rumors about making another bid for Yahoo. But this latest statement, sent to Ad Age today, came just hours after Microsoft CEO Steve Ballmer told the audience at a Gartner conference in Orlando, Fla., that the deal still makes "economic sense."

Investors encouraged
Yahoo's stock soared 20% on Mr. Ballmer's remarks, indicating just how dearly its investors are hoping for a revived Microsoft bid. It's now up about 10% to $13.

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