UncategorizedNovember 30, 2008 6:58 am
Microsoft, Yahoo reportedly talk about search deal
The Sunday Times of London reported that Microsoft is in talks with Yahoo and could be crafting a $20 billion deal that would give it the troubled Internet company’s seek operations.
Microsoft would provide a $5 billion facility to the management team and get more than a 30 percent stake in Yahoo, the report said. It would receive a 10-year deal out to manage the search business and a two-year preference to buy it for $20 billion. Yahoo would still pressure its e-mail, messaging and content services.
A Microsoft prolocutor said late Saturday the social meeting would not comment beyond what it has said in the accomplished, that it would exist open to the potentiality of a “search collaboration.”
Meanwhile, Levinsohn told technology blog Venture Beat on Saturday obscurity in that place was no truth to the report.
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