Microsoft and private equity firm Silver lake Partners have apparently been drafting plans to submit a bid to acquire Yahoo. However, there are also talks of a cross talk ban, which would require parties interested in buying Yahoo not to talk anyone else and submit joint-bids after they gain access to sensitive financial data at Yahoo. The move seems to be designed to increase competition among bidders and drive the price for Yahoo up. However, it could also alienate potential buyers and at a market cap of $20.4 billion, Yahoo is a big piece to swallow.
2DayBlog.com, Report: Microsoft interested in buying Yahoo, again?
No comments:
Post a Comment