Microsoft Bidding for Yahoo Purchase

 

It looks like Microsoft still has enough interest and is considering a second run at Yahoo. According to Reuters which is citing anonymous sources, the Microsoft Company is weighing a second bid for Yahoo and the possibility to enlist a partner to help close the deal is viable. The Yahoo investors were very excited to read the report, thing that pushed up the shares up $1.46 (more than 10 percent) and closed at $15.92. However the bid may not materialize because there are still a lot of people inside Microsoft who disagree on the decision to take over Yahoo. Increasingly more companies are eying Yahoo and an internal memo reveals that the company is fielding inquiries from multiple parties, in other words Yahoo made a tacit acknowledgement that it was open to sell.

The potential buyers for Yahoo range from a Chinese internet company called Alibaba to a number of private firms such as venture capitalists Andreessen Horowitz and Silverlake Partners. Microsoft has shown recently that they have the capability to spend for big acquisitions such as the purchasing of Skype for $8.5 billion in May.

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