Could Microsoft be courting Yahoo (again)?

Jennifer McClelland | RSS | 0 Comments

A while back, Microsoft was throwing money at Yahoo to try to buy the search engine service. Then Yahoo CEO didn’t want to sell to Microsoft and many stockowners were unhappy about it. Icahn was even considering a proxy at the time.

Time passed and the talks fizzled. Until today…

Today Yahoo’s stock price jumped as rumors began floating around that Microsoft was coming back for a second go-around.

Yahoo jumped more than 7 percent today.

The difference now is that Yahoo has a new CEO and the stock owners are more than greatful for the continuation of talks between the two companies.

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