Microsoft, Yahoo in Talks for Partial Buyout

Transaction would involved partial purchase of Internet giant
By Caroline Zimmerman,  Newser User
Posted May 18, 2008 4:05 PM CDT
Microsoft Chairman Bill Gates speaks during a press conference in Tokyo, Wednesday, May 7, 2008.    (Associated Press)
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(Newser) – Microsoft is back at Yahoo's bargaining table, this time seeking a partial acquisition of the Internet portal, the Wall Street Journal reports. Buyout talks fizzled earlier this month, but billionaire Carl Icahn's push for a proxy war has left Yahoo honchos feeling shareholder pressure to cut a deal, though today they warned one may not happen.

Microsoft was light on details, but said in a statement it is "considering and has raised with Yahoo an alternative that would involve a transaction with Yahoo but not an acquisition of all of Yahoo."