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Rumours suggest Microsoft to bid for Yahoo! again

Microsoft's plans to buy Yahoo! didn‘t come through back in 2008. A bid of $44.8 billion was made back then but experts say that the value of the company
October 06, 2011 / 15:45 IST

Microsoft's plans to buy Yahoo! didn’t go through back in 2008. A bid of $44.8 billion was made back then but experts say that the value of the company has dropped to roughly $18 million now. A bunch of companies are looking at Yahoo! and Microsoft is likely the one with the deepest pockets. A Reuters source has said that Microsoft is looking to take over Yahoo! once again. The news of this has caused Yahoo! stocks to rise by some 9 percent and Microsoft saw a slightly smaller jump than the day before. Some of the potential buyers are Alibaba and DST Global, a Russian investment firm.

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