Updated 13 Feb, 2012, 6:30 pm IST

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Microsoft Eyeing Deal to Buy Yahoo - Report

04 May, 2007, 7:00 pm IST | Reuters |

Microsoft Corp. has intensified its pursuit of a deal to take over Yahoo Inc., asking the company to re-enter formal talks, the New York Post reported on its Web site on Friday.

While the two companies have held informal deal talks over the years, the latest approach signals a new urgency on Microsoft's part, the paper said, citing unnamed sources.

The approach follows an offer Microsoft made to buy Yahoo a few months ago, the Post reported, but Yahoo spurned the advances.

The Post said Wall Street sources put a roughly $50 billion price tag on Yahoo.

Microsoft and Yahoo could not immediately be reached for comment.

Tags: Miucrosoft , Yahoo

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