Microsoft-Yahoo Deal Talks Reported to Have Made Major Breakthrough, First Unofficial Negotiations Initiated

by lengpengcheng on 2008-03-17 08:00:07

Microsoft and Yahoo's deal is entering a new contact period. According to foreign media reports, an insider revealed that the two companies are holding informal talks about a merger. Since Microsoft submitted a bid to the Yahoo Board of Directors on January 31, this is the first time that executives from both companies have held discussions. Given that the Yahoo board clearly rejected Microsoft's acquisition offer last month, this meeting can be considered a major breakthrough in the acquisition process.