Exclusive: Microsoft considers bidding for Yahoo: sources
MICROSOFT (MSFT.NQ)may seek a partner to go after Yahoo, said one of the sources, without identifying any parties.
No decision has been made and a bid might not materialize as there are internal divisions at the software company on whether it should pursue Yahoo again, a high-ranking Microsoft executive said.
Microsoft joins a host of other companies looking at Yahoo, which has a market value of about $18 billion and is readying financial pitch books for potential buyers, the sources said.
Those companies include buyout shops Providence Equity Partners, Hellman & Friedman and Silver Lake Partners, as well as Chinese e-commerce giant Alibaba and Russian technology investment firm DST Global, the sources said.
Microsoft and the other potential buyers declined to comment. Yahoo was unavailable for comment.
(Reporting by Nadia Damouni and Peter Lauria in New York; Additional reporting by Soyoung Kim and Paritosh Bansal, editing by Tiffany Wu and Richard Chang)