Microsoft willing to finance the Yahoo acquisition
The first talks between the Microsoft and Yahoo companies have resumed this week again. As Microsoft has close ties with Yahoo, the board of the company is extremely interested in keeping the company afloat. The person close to the board says that the company is ready to finance the acquisition of Yahoo. The debates are yet only on the first stage, so it is early to predict anything. However, the fact that Microsoft and Yahoo signed a series of deals on their search and advertising raises the chances of this information to be true.
Due to financial issues, Yahoo decided to sell its several parts like Yahoo mail and news. The bigger search engines have overcome Yahoo making it hard for the Company to keep up with them. The Reuters say that the hedge fund specialist from Starboard initiated the annulment of the current board members. Microsoft has already tried to purchase Yahoo in 2008. However, his efforts were unrewarded by success.
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