Microsoft trying to buy Yahoo! - again?
Talks re-emerged yesterday about a potential buy-out of Yahoo!’s Search business by Microsoft.
The London Sunday times reported that Microsoft was once again in talks to buy out the division of Yahoo! for $ US20 Billion, a much lower bid than previous bids of $47.5 Billion, which were withdrawn after Jerry Yang (then-CEO of Yahoo Inc) rejected the offer.
Representatives of both Microsoft and Yahoo! declined to comment, however a recent blog quoting high-ranking Yahoo executives suggest that the bid is just a rumour, and there are no discussions.
Microsoft CEO Steve Ballmer confirmed there was no current discussions on the buy-out, but was still open to talks about buying the business out, and a large investor of Yahoo!, Carl Ichan who owns over 5% share of the company is pushing for the merger since Jerry Yang was removed from the Yahoo! executive team.
These are interesting times for Yahoo! and Microsoft, and there still remains a very real possibility that the two companies could merge in effort to build strength against the world’s leading search engine, Google.
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