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10/06/2011

Microsoft was considering a bid for Yahoo



Considering the U.S. software company Microsoft's bid to acquire Internet services company Yahoo, after he failed in 2008 in a battle to get their hands on the company, said a source close to the company that Microsoft have been looking for a partner to buy Yahoo.
A senior official in the management of Microsoft that has not made a decision to bid for the takeover to date, due to internal disputes about the correctness of progress once again to buy Yahoo, and if a decision to compete on the latter, Microsoft Stndhav the list of companies you want to buy Yahoo, which has a market value $ 18 billion.
There are competing companies Providence Equity Partners, Hellman & Friedman and Silver Lake Partners, and the Chinese company Alibaba, and Global Diasta Russian company, according to the sources mentioned, Yahoo currently developing a book of the financial terms of the potential buyers.
It is noteworthy that talk about the offers to acquire Yahoo on the table since many months, and attributed the cause of this giant company initiative to open the door to compete for the purchase of troubled financial status, and in October / October 2010 cost the bank Goldman Sachs to address requests for acquisition.
And find Yahoo's difficult to compete with rival powerful Google, as well as network Facebook, social networking, which explains in part the resignations progression to senior managers of Yahoo, where he resigned three of them in September / October 2010, and last month was separated, chief executive Carol Bartz, and nominated Chief Financial Officer Tim Morse of the company as Chief Executive Officer of the Company temporarily.
  
Source: Reuters + island 

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