Friday, October 7, 2011

What if Microsoft bought Yahoo? According to a report from Reuters, Microsoft is eyeing a bid on the company which is currently down a CEO.

Yahoo’s board fired CEO Carol Bartz last month, and has yet to find a replacement beyond interim CEO Timothy Morse. According to at least one report, former CEO Jerry Yang had even assumed control at the company (though this is unconfirmed). The company source cited in that report from Business Insider said it was “f-ing crazy”.

The Reuters report cites “sources close to the situation,” and says, “Microsoft joins a host of other companies looking at Yahoo, which has a market value of about $20 billion and is readying financial pitch books for potential buyers, they said.”The other companies reportedly include Providence Equity Partners, Hellman & Friedman and Silver Lake Partners, Alibaba, and DST Global.

“Microsoft could easily afford Yahoo. After a 10% stock price bump on a report that Microsoft was weighing a bid,.

No comments:

Post a Comment