Microsoft – Yahoo: Official Talks Are Back

TechCrunch Blog is reporting – that according to sources, at both Yahoo (YHOO) and Microsoft (MSFT) – official talks are back on between the two companies. It is possible the talks are about a full buyout again, not a sweetened search-only deal.

TechCrunch however, admits their information is thin, but what one source is saying is that Microsoft is talking a price lower than the $33 they were offering when the talks disintegrated in May.

This shouldn’t come as a surprise, given Yahoo’s recent share price, currently around $22 level and the fact that just about everyone, excluding Yahoo’s top execs, are publicly asking for a deal. No comments so far from Microsoft.

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About Ron Haruni 1063 Articles
Ron Haruni is the Co-Founder & Editor in Chief of Wall Street Pit.

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