Mergers and Acquistions News
Categories: Media & Information Services
October 28th 2011, 12:08PM
Any company sale of Yahoo appears set to be delayed as the company weighs up its options with regard to potential takeovers.
That is according to sources close to the organisation, who have told Reuters that senior officials at Yahoo have not yet come up with a strategy and confidentiality agreement, meaning any deal will probably not go through in the near future.
It is believed that major technology companies Google and Microsoft are ready to battle it out to acquire the firm in order to expand their market share with the financial assistance of private equity bodies.
However, a source stated that all prospective deals have hit a "stalemate" as a stand-off between Yahoo and its suitors continues over its apparent reluctance to make commitments and decide on how they want to structure any transaction.
"Everyone is also waiting for what the independent directors want, either to sell as a whole or in pieces," the individual stated.
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