Printed from http://www.electronista.com

Microsoft still interested after Yahoo snub

updated 06:50 pm EDT, Thu June 12, 2008

Microsoft wants Yahoo

Despite Yahoo's earlier confirmation that talks with Microsoft have ended, the latter company on Thursday replied, saying it would still be interested in reaching a deal with the search and online advertising giant. Having previously offered $33 per share for the entire company, Microsoft has said it would be willing to offer in excess of the original deal, for a smaller portion of the company - its search and advertising business. Yahoo would most likely explore an outsourcing agreement with Google's AdSense program.

"As stated on May 3rd and reiterated on May 18th Microsoft was not interested in rebidding for all of Yahoo!. Our alternative transaction remains available for discussion," read the note.

Yahoo has been fighting a financial battle on two fronts: one with Microsoft, the other with billionaire investor Carl Icahn, who has been making movements to replace the Yahoo board by proxy, with one more sympathetic to Microsoft's plans.



By Electronista Staff
Post tools:

TAGS :

toggle

Comments

Login Here

Not a member of the MacNN forums? Register now for free.

toggle

Network Headlines

toggle

Most Popular

Sponsor

Recent Reviews

SMS Audio Sync Sport on-ear headphones

When hitting the gym or going out for a trail run, headphones can cause a number of problems. From the ear buds getting slimy with swe ...

Adesso Xtream S3B Bluetooth speaker

Finding a speaker purpose-built for a specific need is challenging. Even when a Bluetooth speaker can be paired with a mobile device, ...

JBL Synchros E40BT headphones

For all the different configurations of headphones on the market, it's always a tough choice for buyers to get something that is just ...

Sponsor

toggle

Most Commented

 
toggle

Popular News