China Financial Daily

November 30, 2008

Acquisition of Yahoo Search Business

Filed under: Financial News — Tags: , — Nancy @ 10:09 am -0800

Rumor says Microsoft plans to acquire Yahoo search business
According to sources, Microsoft and Yahoo resume negotiations on the acquisition, while Microsoft plans to merge Yahoo search business with 20 billion U.S. dollars. Microsoft has attempted to acquire Yahoo for two times, but ended in failure. Microsoft CEO Steve Ballmer has said before they have no intention to acquire Yahoo, but still interest in acquiring search business.

News says that Microsoft and Yahoo executives deny the acquisition
Microsoft plans to merge Yahoo search business with 20 billion U.S. dollars and supports the new management of former AOL chairman Jonathan Miller and former president of Fox Interactive Media Ross Levinsohn to control Yahoo, but Microsoft will not acquire Yahoo as a whole. However, Levinsohn and a number of important sources denied the reports are true. Yahoo and Microsoft high-level also denied the news. Moreover, they expressed there will not be any similar negotiation in recent days.

Related posts:

  1. Sources said Yahoo or merge with News Corp
    Sources said Yahoo or merge with News CorpAccording to foreign media reports today, sources said,...
  2. Yahoo intends to “good price” to sell the search business to Microsoft
    Yahoo intends to “good price” to sell the search business to MicrosoftChinese in San Francisco...
  3. Yahoo failed to renew with Acer and HP so the share in search market will be declined
    Yahoo failed to renew with Acer and HP so the share in search market will...

Share/Bookmark

No Comments »

No comments yet.

RSS feed for comments on this post. TrackBack URL

Leave a comment

Copyright © 2009 ChinaFinancialDaily.com; Powered by WordPress