Microsoft considers financing Yahoo bidNovember 24, 2011 - 17:52 AMT PanARMENIAN.Net - Microsoft Corp. (MSFT), the largest software company, has signed an agreement that lets it take a closer look at Yahoo! Inc.’s financial information to help it consider financing a bid. Private-equity firms TPG Capital and Silver Lake also signed non-disclosure agreements to help size up a possible bid for Sunnyvale, California-based Yahoo, people close to the companies have said. Microsoft would join other investors to safeguard its Web-search partnership with Yahoo and bridge any financing gap a buyout would require, people have said. Yahoo has asked interested parties to sign the NDA to receive management presentations and more access to confidential financial information. Yahoo, the largest U.S. Web portal, embarked on a strategic review of its options in September after firing Chief Executive Officer Carol Bartz. Under Bartz, the company struggled to stem sales declines or compete with Google Inc. (GOOG) and Facebook Inc, Bloomberg reported. Top stories Yerevan will host the 2024 edition of the World Congress On Information Technology (WCIT). Rustam Badasyan said due to the lack of such regulation, the state budget is deprived of VAT revenues. Krisp’s smart noise suppression tech silences ambient sounds and isolates your voice for calls. Gurgen Khachatryan claimed that the "illegalities have been taking place in 2020." Partner news Most popular in the section | Get Started: An educational platform for young startuppers The Get Started program which operates in two phases is an important platform for young startuppers. Byblos Bank Armenia celebrates Students' Day with scholarship recipients YSU students who received scholarships from Byblos Bank Armenia gathered in a casual setting to meet with the Bank's CEO, Hayk Stepanyan. Azerbaijan extends Rune Vardanyan’s arrest by 5 months A court in Azerbaijan has extended the arrest of former Nagorno-Karabakh leader Ruben Vardanyan by five months. Armenia border residents dissatisfied with delimitation Residents Kirants are dissatisfied with the results of the delimitation of the border between Armenia and Azerbaijan. |