Microsoft plan for Yahoo involves buying search: source
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| Posted
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Mon, 19 May 2008 19:54:04 GMT |
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Reuters |
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US (Business) |
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BOSTON (Reuters) - Microsoft Corp's alternative proposal for Yahoo Inc involves Microsoft buying Yahoo's search business and taking a minority passive stake in the company, once Yahoo has spun off its Asian assets, a person familiar with the discussions said on Monday.The proposal is little more than an outline reflecting Microsoft's thinking, and does not yet include a value for Yahoo's search business, said the source, who was not authorized to speak on the record because the discussions are confidential.(Reporting by Anupreeta Das; editing by Carol Bishopric) (c) Reuters 2008. All rights reserved. Republication or redistribution of Reuters content, including by caching, framing or similar means, is expressly prohibited without the prior written consent of Reuters. Reuters and the Reuters sphere logo are registered trademarks and trademarks of the Reuters group of companies around the world.
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