Latest news from Yahoo Inc is that this Internet services company may get sold before it appoints a new CEO, replacing recently fired Carol Bartz.
According to the source Microsoft who had earlier tried to buy Yahoo for 45 billion dollars is likely to re-submit its bid.
“Some of the samerationale, in terms of expertise in display advertising and search - still stands, so if Microsoft can get it for half the price, it will want to do so,” media quoted a source.
Also according to the source former chief executive of AOL Jon Miller, who is currently heading digital at News Corporation, is very much interested in buying Yahoo. Miller earlier held talks with private equity firms to raise the money to acquire Yahoo.
Recently Carol Bartz was fired by the Yahoo Chairman over the phone and Chief Financial Officer Tim Morse being appointed as the interim CEO.
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