Microsoft to buy Yahoo online search for $20 bn
Redmond giant Microsoft is in discussions to buy the online search business of Yahoo for about 20 billion dollars, media report says.
Software giant Microsoft is in talks to acquire Yahoo’s online search business for 20 billion dollars (13 billion pounds). The proposal forms the centrepiece of a complex transaction that would see Microsoft support a new management team to take control of Yahoo. But there is no intention of Microsoft tabling another takeover bid for the web giant, after its aborted 47.5-billion dollar offer this summer. According to the report, it is thought that Jonathan Miller, ex-chairman and chief executive of AOL, and Ross Levinsohn, a former president of Fox Interactive Media, have been lined up to lead the new management team.
Lets see… What’ll happen ?



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