Friday, October 21, 2011

Microsoft wants to buy yahoo

According to sources , Microsoft, along with private-equity company Silver Lake Partners, is preparing to buyout Yahoo Inc. Microsoft will be the major contributor for funding, while the rest of the companies, including one of Silver Lake’s largest investors – the Canada Pension Plan Investment Board – will put up a lesser amount, financed by banks.

Yahoo is certainly an attractive proposition for many companies – and while Microsoft might want to buy it simply so that AOL or Google do not – Yahoo sites draw more than 700 million visitors every month.


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