Subscribe Feed (RSS)Microsoft in talks to buy Yahoo search at $20 bln
December 1st, 2008 by Mark Griffin | Filed under Tech and Gadgets.The on again off again courtship between Yahoo and Microsoft has taken another turn. The Redmond software giant, is in talks to buy Yahoo Inc.’s search business for $20 billion. Microsoft does not plan to bid for all of the Internet-services giant, after it abandoned a $47.5 billion proposal last summer. Under a deal the companies are planning, Microsoft also would support new management for Yahoo, possibly led by Jonathan Miller, the former chairman and chief executive of AOL. Two weeks ago, Jerry Yang, Yahoo’s co-founder, stepped down as CEO.
