Yahoo’s share price jumped almost 10 percent amid rumors that Microsoft is planning a second attempt to buy the company, three years after its original bid was rejected, Reuters reports.
Microsoft is the latest of several companies linked with Yahoo; takeover speculation has surrounded Yahoo since it fired its CEO Carol Bartz last month, as reported in Adweek. Potential suitors include private equity firm Silver Lake, Providence Equity Partners, Chinese e-commerce firm Alibaba, and News Corp.
WORK SMARTER - LEARN, GROW AND BE INSPIRED.
Subscribe today!
To Read the Full Story Become an Adweek+ Subscriber
Already a member? Sign in