Wednesday, 5 October 2011

Microsoft considers buying Yahoo, again

Yahoo! in management turmoil as three executives leave.

Company could buy some assets and leave others to Asia. 
 
Microsoft is considering a bid for Yahoo, resurfacing as a potential buyer after a bitter and unsuccessful fight to take over the internet company in 2008, sources close to the situation said on Wednesday.

Microsoft joins a host of other companies looking at Yahoo, which has a market value of about US$18 billion and is readying financial pitch books for potential buyers, they said.

Those companies include buyout shops Providence Equity Partners, Hellman & Friedman and Silver Lake Partners, as well as Chinese e-commerce giant Alibaba and Russian technology investment firm DST Global, the sources said.   More Read

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