Sunday 27 March 2016

Is Microsoft in the Yahoo bidding hunt?

Microsoft (MSFT) is in preliminary talks with private equity firms to help finance an Internet company Yahoo embattled offer (YHOO), according to media reports.

Microsoft approached private equity managers to evaluate communications and financial interests of giant Yahoo sales IT core business, Reuters reported on Saturday.

Microsoft's participation as a potential donor of an agreement aimed at preserving their long-term research agreements and advertising with Yahoo, Reuters.

Peggy Johnson's strategy, alliances and acquisitions Microsoft is part of Yahoo's talks with private equity firms, according to a previous report by new technologies and analysis site Re / code. Yahoo is seeking $ 10 million for its core business, the report said.

Microsoft did not immediately respond to an email seeking comment on Sunday. The company based in Redmond Wash., Mounted a previous purchase Yahoo effort led by former CEO Steve Ballmer, but abandoned the plan in 2008.

The plan to sell at auction in California headquartered in Sunnyvale, Yahoo potentially includes advertising, search technology company, Yahoo Sports and blogging platform Tumblr. While Yahoo was one of the first Internet search, which has struggled to compete as rivals Google and Facebook have captured much in his line and mobile markets.

Yahoo announced the plan to sell at auction in December, after leaving an estimated effortlessly turn its $ 30 billion more in Chinese market online company Alibaba (BABA). The cancellation was prompted by fears that the eventual sale could trigger heavy tax bill United States.

Some investors, including value starboard, a hedge fund in New York that Yahoo has the participation of 1.7%, have complained that the Internet company has evolved too slowly to reorganize its business model and generate new revenue.

Starboard announced Thursday an effort to oust Yahoo's board of directors - including CEO Marissa Mayer - in a potential power struggle at the annual meeting of shareholders of the Internet company later this year. Starboard CEO Jeffrey Smith said the telecommunications giant Verizon Communications (VZ) recently said that he had yet to receive information from Yahoo in response to a supply potential of Verizon interest appeal.

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