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Report: Microsoft seeks help for another Yahoo bid (AP)

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The latest twist in Microsoft 's convoluted courtship caused Yahoo's shares to rise more than 3 percent in Wednesday's sinking stock market, even though the chances of a deal getting done still seemed remote.

. Recognizing Yahoo's vulnerability, Microsoft is trying to recruit News Corp., Time Warner's AOL or other media partners to put together a joint bid that would slice Yahoo into pieces, according to the Journal. The story cited undisclosed people familiar with the discussions. Under the reported breakup plan, Microsoft would emerge with Yahoo's online search operations — the main object of the software maker's desire since it began stalking Yahoo as long as ago as 2006.

Full Story: Report: Microsoft seeks help for another Yahoo bid (AP)

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This page contains a single entry by Nishikant published on July 3, 2008 10:50 AM.

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