Microsoft and Yahoo rumoured to be closing in on deal

After almost 18 months of increasingly bitter negotiations, Microsoft is said to be closing in on a deal buy technology rival Yahoo’s web search business.Several reports emerged late on Thursday suggesting that late-stage talks were underway between the two companies, opening up the distinct possibility that Microsoft could finally take control of Yahoo’s search engine division. see:Report: Yahoo, Microsoft finally near deal
It’s unclear whether they brought the requested “boatloads of money,” but several top Microsoft executives are in Silicon Valley to try to finalize a search deal with Yahoo, according to an All Things Digital report late on Thursday.According to the report, the two sides are “down to the short strokes” after years of excruciatingly well publicized on-again, off-again talks. A deal could come within a week, All Things Digital said. Microsoft and Yahoo close to search ad deal [IDG]
In less than a week, Microsoft could reach an alliance with Yahoo that could compete better with Google in online search advertising, according to media reports.Microsoft has been courting Yahoo on and off since February 2008, when it offered to buy the company for $44.6 billion in cash and shares. The offer was rejected and consequent discussions focused on Microsoft taking over Yahoo’s search and advertising businesses.

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