29 Nov '11, 6pm

Microsoft's Yahoo Bid May Have the Right Stuff

The Silver Lake consortium is one of a number of parties bidding for a minority stake in Yahoo, but their offer has a number of factors that makes them a major contender. The consortium includes Microsoft - that already is working with Yahoo - and an offer for a new CEO with a proven successful track record. The deadline for bid submissions was end of business yesterday. "Yahoo appears increasingly less interested in selling itself as a whole. In recent weeks, the company's directors and advisers have gravitated toward plans that call for an investor or consortium to buy a stake of as much as 20 percent," the New York Times reported . The Silver Lake consortium also includes venture capital firm Andreessen Horowitz. Marc Andreesesn has been discussed as a possible CEO since Carol Bartz was fired . As a three year board member, he knows the executives. As the co-founder of ...

Full article: http://searchenginewatch.com/article/2128679/Microsofts-Y...

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