Microsoft has signed a non-disclosure agreement with Yahoo, according to a source briefed on the matter, which could pave the way for the Redmond giant in buying the dwindling Internet search portal,
reveals the New York Times.
In doing so, Microsoft will be allowed to inspect Yahoo’s books at a closer level as it joins other private equity firms in the exclusive party.
Though Microsoft would not be a far off bet to bail out the struggling company, Microsoft recently reportedly held talks with potential partners to mount a bid for the company. Such a ‘care-package’ could see Microsoft investing billions into a coalition led by Silver Lake — the same company that helped Microsoft buy Skype — along with bank financing backing with an additional few billion dollars on hand.
This is far from being the first time rumours have surfaced that Microsoft could buy out Yahoo, as it continues to struggle.
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