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posted by  in May 21st, 2008  Article Under: Internet, News, Technology   Tags: ,   

Yahoo vs microsoftMicrosoft is planning to buy Yahoo search business

After months long fruitless efforts to buyout Yahoo, now there is another plan that Microsoft is working out now a days. According to a reliable source Microsoft has offered to buy Yahoo’s search business and so trying to have a portion from the Web initiator.
It has been told that Yahoo will sell its Asian assets like considerable marginal shares in Yahoo Japan and Alibaba group China as a part of this deal, while Microsoft will buy a large portion of the of the rest of the company.

The two companies revealed their talks on Sunday, but they didn’t inform about any term of discussion. As all we know Microsoft had to retreat from a buyout offer to acquire Yahoo in $47.5 billion which comes $33 per share but Yahoo rejected that offer and demanded $37 a share for the settlement of the deal.

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