Sources: Microsoft And Yahoo Talks Back On

by admin June 24, 2008 at 7:13 pm

We’ve got multiple sources at both Yahoo and Microsoft telling us that official talks are back on between the two companies. But we’re hearing something different than CNET – the talks are about a full buyout again, not a sweetened search-only deal.

The information we have is thin, but what one source is saying that Microsoft is talking a price lower than the $33 they were offering when the talks disintegrated in May. Given Yahoo’s recent share price (it’s below $21 today), and the fact that just about everyone other than their board and top execs are publicly screaming for a deal, I’m not surprised.

Full article: techcrunch.com