Round 2: Microsoft seeks to buy Yahoo

October 20, 2011 14:39

Microsoft is working on a fresh bid to acquire internet giant Yahoo Inc and may rope in private equity firm Silver Lake Partners and a Canadian pension board to partly fund the takeover, a report has said.

Under a proposal being discussed, Microsoft would put up several billions of dollars, while additional funding would be sought from the banks and its buyout partners like Silver Lake and Canada Pension Plan Investment Board.

Yahoo had rebuffed a USD 44.6 billion takeover bid earlier in 2008 from the world's largest software maker Microsoft, which has made a few other failed attempts too in the past to acquire the internet company.

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