Microsoft eyeing Yahoo?
This rumor pops every few months, and then fades. The NY Post last night made a compelling case that this time, Mister Softee won't be denied.
"Stung by the loss of Internet advertising firm DoubleClick to Google last month, Microsoft has intensified its pursuit of a deal with Yahoo!, asking the company to re-enter formal negotiations, The Post has learned.
While Microsoft and Yahoo! have held informal deal talks over the years, sources say the latest approach signals an urgency on Microsoft's part that has up until now been lacking.
The new approach follows an offer Microsoft made to acquire Yahoo! a few months ago, sources said. But Yahoo! spurned the advances of the Redmond, Wash.-based software giant. Wall Street sources put a roughly $50 billion price tag on Yahoo!."
I suspect there may be something more to this this time . . .
>
Sources:
BILL'S HARD DRIVE: MICROSOFT EYES SEARCH GIANT IN PROPOSED TAKEOVER
PETER LAURIA and ZACHERY KOUWE
NYPost, May 4, 2007
http://www.nypost.com/seven/05042007/business/
bills_hard_drive_business_peter_lauria_and_zachery_kouwe.htm
Friday, May 04, 2007 | 06:01 AM | Permalink
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Some sort of a deal here is in both companie's interests to help gather momentum against Google.
Posted by: bigboy | May 4, 2007 12:45:19 PM
Take two really inept companies, mix together and bake? Didn't AOL/Time Warner try this a few years back? This is the dumbest idea that DIDN'T dribble out of George Bush's mouth this decade.
Posted by: Tom B | May 4, 2007 11:36:20 PM
