BBC

The Microsoft-Yahoo fiasco continues ... Just when you thought the deal was dead and buried, Micro$oft decided to put an offer of a partial buyout. Sounds very interesting ... I guess Micro$oft just couldn't resist. They really want to take on Google, don't they?

"Microsoft has said it is considering a deal with Yahoo which would not involve a full buyout of the company. Microsoft's previous offer to buy Yahoo for $33 a share - a figure which valued the company at $47.5bn (£24.36bn) - was turned down. Last week Yahoo rebuffed billionaire investor Carl Icahn's plan to oust the current board over the failed merger. Now Microsoft says it is discussing with Yahoo an alternative transaction, but did not provide any detail.

In a statement, Microsoft said it "is not proposing to make a new bid to acquire all of Yahoo at this time, but reserves the right to reconsider that alternative".

It issued the statement, it said, "in light of developments" since the company withdrew its bid two weeks ago. Microsoft stressed that a deal may or may not follow from Sunday's statement. After Microsoft's statement, Yahoo confirmed it was looking at a number of "value maximising" alternatives with Microsoft, and would assess offers made by the firm. "

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