Microsoft Corp. is resuming its pursuit of search engine operator Yahoo Inc. that could help it better compete with Web search leader Google Inc., published reports last week.
The New York Post reported Friday that Microsoft has asked Yahoo to enter formal negotiations for an acquisition that could be worth $50 billion. Yahoo’s market capitalization was about $38 billion on Thursday. What is going to be the new look of MsYahoo?
There are rumors that executives of the two companies are looking at a merger or some other kind of matchup and said the talks appear to be early-stage discussions. It said the companies explored the idea of combining last year but the talks led nowhere.
Overall we canâ€™t do anything but sit and wait to see what the Giants will do. Now we can only speculate and bring up theories. Can you imagine what a huge online powerhouse that would be?