Microsoft and Yahoo! Talking About Merger
Several newspapers reported on Friday, as Microsoft and Yahoo! re-enter talks to strike a deal and fend off a common competitor in Web search leader Google. The two companies have held informal talks over the years, but the latest approach comes as Microsoft seeks a deal to counter Google’s rapid growth.
The New York Post reported, that Microsoft made an offer to buy Yahoo a few months ago, but Yahoo! spurned the advances. The paper, putting a price tag of $50 billion on a Yahoo! takeover, said that discussions continue between the two companies.
Both, Microsoft and Yahoo declined to comment on the reports.
May 4th, 2007
