Wednesday, May 03, 2006

Microsoft to buy a stake in Yahoo?

CNET "Software giant Microsoft has held discussions to buy a stake in Internet media company Yahoo to compete against Google, The Wall Street Journal reported Wednesday.
Although talks over an equity stake do not appear active, Microsoft's top management remains open to a deal with Yahoo as pressure grows from shareholders to perform better against Google, the newspaper cited people familiar with the situation as saying.
Microsoft and Yahoo have discussed possible options over the past year, the newspaper said. Microsoft could sell its MSN online network to Yahoo and take a minority stake in the Internet portal, it said. "

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