On June 12, 2008, Yahoo! announced that it had ended all talks with Microsoft about purchasing either part of the business (the search advertising business) or all of the company. Talks had taken place the previous weekend (June 8), during which Microsoft allegedly told Yahoo! that it was no longer interested in a purchase of the entire company at the price offered earlier – $33 per share. Also, on June 12, Yahoo! announced a non-exclusive search advertising alliance with Google. Upon this announcement, many executives and senior employees announced their plans to leave the company as it appeared they had lost confidence in Yahoo!'s strategies. According to market analysts, these pending departures impacted Wall Street's perception of the company.