Mar. 14, 2008
Yahoo-Microsoft In Informal Merger Talks
Web Behemoths Discuss Merger
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(AP / CBS)
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Interactive Mammoth Microsoft A look at the software giant's leader, history and legal troubles.
The needle is moving: Yahoo (NSDQ: YHOO) is now in informal talks with Microsoft (NSDQ: MSFT) on the merger, reports News.com citing sources. This may still not lead to any conclusion, but Yahoo may have seen the writing on the wall.
This comes after efforts from Yahoo to talk to News Corp (NYSE: NWS). AOL (NYSE: TWX) and others on some sort of combination, and yet not coming up with anything reasonable to counter Microsoft's offer. Microsoft has set no internal deadline of when they're ready to say enough is enough, the story says.
By Rafat Ali
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