(Newser) -
Microsoft is likely to borrow for the first time to finance its $44.6 billion bid for Yahoo, the company's CFO said yesterday, rather than drawing down its reserves to fund the half-cash, half-stock offer. After spending $31 billion on stock buybacks and dividend payouts in 2007, Microsoft has $21 billion cash on hand, Reuters reports. Meanwhile, Yahoo is said to be considering an alliance with rival Google in an effort to thwart Microsoft’s takeover try.
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