facebook
twitter
search
search

Google talking about possible Yahoo! bid

Oct. 24, 2011 at 2:33 PM
| License Photo

SUNNYVALE, Calif., Oct. 24 (UPI) -- U.S. Internet giant Google is talking with private equity firms to consider a purchase of rival Yahoo!, a source told The Wall Street Journal.

Google could just be stirring the water to make it more difficult for Microsoft Corp. to present Yahoo! with a bid, one analyst said.

Both companies have taken a run at purchasing Yahoo! in the past and both have failed.

U.S. antitrust regulators stopped a Google bid previously and Yahoo! in 2008 turned down an offer from Microsoft.

After it was turned down, Microsoft, which also is said to be revisiting the possibility of buying Yahoo!, signed a 10-year advertising partnership with Yahoo!

Yahoo! is considered prized Internet real estate, as it generates 700 million unique visitors per month. It also has close relationships with firms like ABC News that provide it with news content. Google, the Journal said, is interested in closer connections to content providers.

Like Us on Facebook for more stories from UPI.com  
Related UPI Stories
Topics: Microsoft, Google
Latest Headlines
Top Stories
Finland orders anti-tank weapon from Saab
Oil prices drop on Greek, Iran concerns
Orbital ATK's artillery guidance kit passes milestone test
Activists deploy against Shell's arctic plans
Fourth MUOS arrives in Florida for August launch