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Microsoft Preps Yahoo Bid

 

Microsoft (NASDAQ:MSFT), private equity firm Silver Lake Partners and the Canada Pension Plan Investment Board are reported putting together a proposal to buy Yahoo (NASDAQ:YHOO).

 

The Wall Street Journal reports Microsoft would contribute several billion dollars in funding, with additional financing to be arranged by banks.

 

The newspaper said Silver Lake and the Canada Pension Plan Investment Board would contribute the remainder of the funding, although the report did not specify further the potential financial terms of a proposal.

 

The Journal noted that at least nine private equity firms have been looking at Yahoo.

 

Alibaba.com founder Jack Ma said at a conference today that he is in talks with private equity firms about a potential deal.

 

http://www.marketnewsvideo.com/story/201110/microsoft-preps-yahoo-bid-ebay-earnings-disappoint-msft-yhoo-ebay-YHOO102011/

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