Report: Microsoft considering making an offer for Yahoo

imageIf may caused flashbacks to 2008, but it seems Microsoft is once again considering buying Yahoo.

Reuters report that “sources close to the situation” say on this occasion Microsoft may not go it alone, but attempt a purchase in partnership with another company, as has been their pattern recently.

According to Reuters other bidders include Providence Equity Partners, Hellman & Friedman and Silver Lake Partners, as well as Chinese e-commerce giant Alibaba and Russian technology investment firm DST Global.

The deal has internal opposition in Microsoft, where some are unsure the deal is worth pursuing, according to “a high-ranking Microsoft executive”.

Yahoo’s share price has rallied on the rumour, being up more that 7% versus the open this morning, giving the company a market cap of nearly $20 billion. The company hit a low of $14 billion as recently as the beginning of August 2011, and has since then fired their CEO and is rumoured to be setting themselves up for sale.


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