Compare Gadgets Vs. Compare

Yahoo stepping up search for a suitor?

Yahoo stepping up search for a suitor? Created by MG1 on Oct 06, 2011

Yahoo looks to be preparing itself for potential buyers, with the internet giant apparently instructing Goldman Sachs and Allen & Co to give out financial information.
Citing sources close to Yahoo, Reuters suggests that the company is 'ready to put itself on the block'.
It's been a troubled time for Yahoo since turning its back on a massive buyout offer from Microsoft.
Attractive proposition
Despite the company's waning influence, it remains an attractive proposition for many, and it could well find itself a new owner if the price is right.
The likes of Alibaba founder Jack Ma has openly expressed his interest, and it is seems likely that Microsoft would be wary of waiting in the wings whil... »read more

More at: TechRadar UK Add additional source

Post your comment

Want to post a comment? Only registered users can post, please log in or register.