Microsoft-led group readies Yahoo! offer: report

October 20, 2011
The Microsoft logo is seen at the Electronic Entertainment Expo in Los Angeles, California in June 2011. US software giant Microsoft and private investors are assembling a multi-billion-dollar offer to purchase Yahoo!, the Wall Street Journal reported Thursday.

US software giant Microsoft and private investors are assembling a multi-billion-dollar offer to purchase Yahoo!, the Wall Street Journal reported Thursday.

Microsoft has teamed up with Silver Lake Partners and the Canada Pension Plan Investment Board for the offer, but has not yet decided whether to go through with it, the Journal said, citing unnamed sources.

The newspaper said at least nine private equity firms are eyeing Yahoo! and its global audience of 700 million monthly visitors to the company's various websites, including Yahoo! News, Yahoo! Finance and Yahoo! Sports.

It added that under the Microsoft deal, the buyers would spin off Yahoo!'s Asia assets after a .

Yahoo! shares surged more than 10 percent earlier this month on speculation that Microsoft would lodge a new bid for the web giant more than three years after being spurned.

Microsoft was publicly humiliated in 2008 when Yahoo! co-founder rejected a generous bid for the company at $33 a share, a valuation of more than $47 billion.

At the time a frustrated Microsoft chief emphatically said he was through with Yahoo! acquisition talks.

Meanwhile many Yahoo! shareholders blasted the company for spurning Microsoft, contributing to Yang's decision to step aside as chief executive.

The Journal said some private equity firms expect a deal for Yahoo! can now be done for around $16-18 per share, valuing the company at $20 billion to $22.7 billion.

Explore further: Silver Lake, others eye Yahoo!: reports

Related Stories

Silver Lake, others eye Yahoo!: reports

September 16, 2011

Private equity firm Silver Lake Partners has approached Yahoo! about making a bid for the struggling Internet company, according to newspaper reports.

Alibaba tells Yahoo! to decide on takeover

October 20, 2011

Alibaba Group Chairman Jack Ma said Thursday he expects an answer from Yahoo! within weeks to his long-standing offer to buy all or part of the US Internet giant, saying delays were hurting both firms.

Rupert Murdoch, Tom Glocer support Microsoft-Yahoo merger

May 29, 2008

Two media titans, Rupert Murdoch and Tom Glocer, the head of Thompson Reuters, said they support a partnership between computer giant Microsoft and Internet giant Yahoo, after a deal between the two companies fell apart in ...

Yahoo shares soar on new Microsoft takeover hopes

October 5, 2011

Yahoo Inc.'s stock price soared more than 10 percent late Wednesday on hopes that its once-spurned suitor, Microsoft, will return with another takeover bid now that the struggling Internet company is mulling a possible sale.

Recommended for you

Volumetric 3-D printing builds on need for speed

December 11, 2017

While additive manufacturing (AM), commonly known as 3-D printing, is enabling engineers and scientists to build parts in configurations and designs never before possible, the impact of the technology has been limited by ...

Tech titans ramp up tools to win over children

December 10, 2017

From smartphone messaging tailored for tikes to computers for classrooms, technology titans are weaving their way into childhoods to form lifelong bonds, raising hackles of advocacy groups.

Mapping out a biorobotic future  

December 8, 2017

You might not think a research area as detailed, technically advanced and futuristic as building robots with living materials would need help getting organized, but that's precisely what Vickie Webster-Wood and a team from ...

1 comment

Adjust slider to filter visible comments by rank

Display comments: newest first

Humpty
1 / 5 (1) Oct 20, 2011
Yahoo is crap - just a hosting service for Nigerian Scammers.

Please sign in to add a comment. Registration is free, and takes less than a minute. Read more

Click here to reset your password.
Sign in to get notified via email when new comments are made.