Friday, May 4, 2007

Microsoft eyeing deal to buy Yahoo

Report: Web portal seen valued at $50 billion

NEW YORK

Microsoft Corp. has intensified its pursuit of a deal to take over Yahoo Inc., asking the company to re-enter formal talks, the New York Post reported on its Web site on Friday.

While the two companies have held informal deal talks over the years, the latest approach signals a new urgency on Microsoft's part, the paper said, citing unnamed sources.

http://www.msnbc.msn.com/id/18486561/


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