20 May 2008 0 views No Comment

Microsoft said on sunday, they have issued another proposal to Yahoo about the acquisition of all of Yahoo’s assets.

“Microsoft is not proposing to make a new bid to acquire all of Yahoo at this time, but reserves the right to reconsider that alternative depending on future developments and discussions that may take place with Yahoo or discussions with shareholders of Yahoo or Microsoft or with other third parties,” the software giant stated.

The Google factor
But according to reports in the New York Times and Wall Street Journal, Microsoft proposed an arrangement in which Microsoft would sell advertisements that would be displayed next to Yahoo search results, in an effort to fight back competition from Google.

Source:Microsoft and Yahoo re-enter talks

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