Friday, May 04, 2007

Microsoft Reportedly Looking at Yahoo! Again

An AP newswire article, via MSNBC, reports that:

Microsoft Corp. is resuming its pursuit of search engine operator Yahoo Inc., a deal that could help it better compete with Web search leader Google Inc., published reports said Friday.

The New York Post reported that Microsoft has asked Yahoo to enter formal negotiations for an acquisition that could be worth $50 billion. Yahoo’s market capitalization was about $38 billion on Thursday.

More here.

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