by CIO Staff

Microsoft Reportedly Still Interested in Yahoo

May 04, 20071 min
Mergers and Acquisitions

Having lost to Google in a bid for Internet advertising company DoubleClick, Microsoft has initiated a new round of talks with Yahoo, The New York Post reported Friday, citing sources familiar with the talks.

The Wall Street Journal also reported the talks.

Microsoft and Yahoo have held informal talks in the past, with the U.S. software giant making an offer for the Internet company that was later turned down, the Post reported, quoting sources.

The sources named Goldman Sachs as the bank working with Microsoft.

Financial experts estimate the value of Yahoo at more than $50 billion.