Getting your player ready...
LAS VEGAS — Microsoft isn’t holding talks to finance a new bid for Yahoo, a person familiar with Microsoft’s plans said, responding to a blog report.
The TechCrunch site said Wednesday that an investment group led by Silicon Valley executives and bankers is putting together a bid for Yahoo that would be funded largely by Micro- soft. The software company would also acquire Yahoo’s Internet-search business under the deal, the blog said.
The report revived speculation that Microsoft would make another play for Yahoo, following a failed takeover attempt last year that lasted months. Microsoft isn’t discussing such a plan, said the person.
Bloomberg News
