Report: Microsoft In $20 Billion Yahoo Deal
Times Of London:
SOFTWARE giant Microsoft is in talks to acquire Yahoo's online search business for $20 billion (£13 billion).
The proposal forms the centrepiece of a complex transaction that would see Microsoft support a new management team to take control of Yahoo. But there is no intention of Microsoft tabling another takeover bid for the web giant, after its aborted $47.5 billion offer this summer.







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First Posted: 11-29-08 11:35 PM | Updated: 12-30-08 05:12 AM