Mergers and Acquistions News
Categories: Media & Information Services
October 6th 2011, 16:45PM
IT firm Microsoft is considering making a takeover bid for Yahoo!
Valued at $18 billion (£12 billion), the internet search provider is preparing financial pitch books for interested parties, sources told Reuters.
Other groups said to be interested in acquisition include Providence Equity Partners, Hellman & Friedman, Silver Lake Partners, Alibaba and DST Global.
Feelings about the prospect of the takeover within Microsoft are said to be mixed.
Some believe AOL will no longer be able to effectively compete, where others feel Yahoo! - which it had already offered $47.5 billion or $33 per share in 2008 - lacks sufficient growth potential to be justified.
"Yahoo!'s value hasn't grown in years, and some executives feel we should buy something that is more forward-looking," an anonymous executive told the news agency.
Google recently outbid itself to acquire Motorola in an effort to protect its software properties from anti-competitive threats from Microsoft and other companies. 
Related News
Categories
- BPO (32)
- Hardware (118)
- IT Services & Consulting (227)
- Media & Information Services (167)
- Semi-Conductors (77)
- Software (230)
- Telecoms (331)
Archive
- May 2012 (0)
- April 2012 (0)
- March 2012 (0)
- February 2012 (0)
- January 2012 (1)
- December 2011 (20)
- November 2011 (20)
- October 2011 (20)
- September 2011 (20)
- August 2011 (20)
- July 2011 (20)
- June 2011 (21)