HTTP:: Yahoo and Microsoft Close to a Deal Reports Say
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Rumors are flying again with an “imminent†deal between Yahoo and Microsoft after several months of relative calm. The talks between the two companies are believed to be close to finalizing, with top Microsoft executives flying to Yahoo's headquarters in Silicon Valley and a deal announcement coming as early as within a week, claims the All Things Digital blog. Yahoo has been in talks with Microsoft for a few years now, with the Redmond giant either bidding for the whole company or just some properties, coming very close to a deal a couple of times but so far nothing has materialized. In February last year Microsoft made an unsolicited takeover bid for Yahoo offering $44.6 billion but was initially rejected by Yahoo. Further attempts were made with Microsoft reportedly increasing the bid with $5 billion; however, Yahoo decided to hold out for even more. By May it looked like the deal wasn't going anywhere and on June 12 Yahoo announced that the talks had ended. Rece!
ntly there have been rumors and reports of Microsoft buying just Yahoo Search, which the company has been trying to get rid of for some time now as it was trying to focus on some core businesses. Yahoo CEO Carol Bartz has been doing some deep restructuring and closing down underperforming properties since she was appointed in J...
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http://news.softpedia.com/news/Yahoo-and-Microsoft-Close-to-a-Deal-Reports-Say-116936.shtml
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