Microsoft considers Yahoo purchase

Internet company being pursued by a number of potential buyers

Tags: Mergers and acquisitionsMicrosoft CorporationYahoo! Incorporated
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Microsoft considers Yahoo purchase Microsoft is said to be considering the purchase of Yahoo following its failed attempt to buy the company in 2008. (Getty Images)
By  Georgina Enzer Published  October 6, 2011

Microsoft is considering bidding for Yahoo, re-emerging as a potential buyer after an unsuccessful fight to take over the internet company in 2008, according to Reuters.

Yahoo, with a market value of about $20 billion, is being courted by a number of potential buyers and is readying its financial pitch books for potential buyers.

Potential buyers include Providence Equity Partners, Hellman & Friedman and Silver Lake Partners, as well as Chinese e-commerce giant Alibaba and Russian technology investment firm DST Global, sources told Reuters.

According to the same sources, Microsoft may look for a partner to go after Yahoo.

Yahoo shares jumped to $15.92 on the news to close 10.1% higher on Nasdaq, but fell back to $15.34 in after-hours trading and Microsoft shares ended 2.2% higher at $25.89.

After ousting Carol Bartz as CEO in early September, Yahoo said it was looking at strategic alternatives after receiving interest from a number of parties.

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