With speculation rife for months that Yahoo! is soon to be sold, Microsoft is rumoured to be working on another possible bid, this time with Silver Lake Partners and Canada Pension Plan Investment Board to buy the search engine, according to an article published by The Wall Street Journal.
The bid, which is currently being discussed, would see Microsoft put up the majority of the finance – around several billion dollars – with both Silver Lake Partners and Canada Pension Plan Investment Board contributing a lesser sum to the deal; while banks would arrange the rest of the financing.
However, insiders close to the matter have revealed that should the financing plan fall through or become too complex, the deal could be abandoned.
Microsoft previously made a bid for Yahoo! back in 2008.
The bid, worth around $44.6 billion, was rejected and since then Yahoo!’s share value has plummeted – losing nearly 44 per cent of their value.
Although a reasonably popular platform for search engine marketing ventures, any potential Microsoft bid for Yahoo! will be aimed at protecting the Search Alliance partnership that the two struck up following Microsoft’s failed bid.
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