Thursday, December 7, 2006

Yahoo: Microsoft could be interested in buying company, analyst says - report

Microsoft could be interested in buying Yahoo, the listed California-based Internet firm that recently announced a reorganization, noted the Globe and Mail.
Rob Sanderson, an American Technology Research analyst, was cited in the report saying that Yahoo's decision to revitalize its management team will not eliminate takeover rumors, particularly when a company such as Microsoft, a Washington-based software heavyweight, could bulk up its online advertising operations by acquiring Yahoo. Yahoo's market cap is USD 36.54bn.

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