Is software giant Microsoft making a fresh attempt at buying Yahoo Inc?
9 years ago

Is software giant Microsoft making a fresh attempt at buying Yahoo Inc?

India TV News  

New Delhi: Fading Internet pioneer Yahoo may see a fresh attempt at being bought out by Microsoft, days after it said it was auctioning its core business including search, mail and news sites. While Reuters has cited a source as saying that Microsoft executives have met potential Yahoo investors, a report in Re/Code said that it was willing to provide a substantial financial backing to their bids. Yahoo and Microsoft have longstanding advertising agreements and Microsoft is said to be willing to maintain that connect, which explains Microsoft’s continued interest in buying Yahoo. Yahoo chairman Maynard Webb had said after the declaration of its fourth quarter results that it was exploring strategic alternatives.

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