Microsoft bids for Yahoo
Yahoo Company is undergoing several serious changes in its work. More pressure is put on the company by its shareholders. One of the shareholders is Starboard; they have informed the board of the Yahoo that they want to see chages in the structure and organization of the Company.
The plan for the Yahoo now is either to go through a spinoff or to sell the key business to the big investors. The unidentified sources told the Reuters that Microsoft was among the companies that were willing to make a significant funding to the Company. As the evidence shows the Microsoft has already tried to throw the hostile bid six years ago, but the attempt failed miserably.
However, both Yahoo and Microsoft refrain from any comment on the matter. The deals are not signed yet and were only hypothetically discussed. The discussion took place last month. After that the CEO of Yahoo Marissa Mayer said that they are willing to consider the bids made for the Yahoo; but the main way is to stick to the turnaround.
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