Monday, October 24, 2011

Google Get ready to Buy Yahoo

Google Inc. has approached at least two equity firms to provide funds for the company's equity to buy Yahoo's main business. Information is presented on the Wall Street Journal by a source familiar with the matter.

According to sources, Google and partners has undertaken initial discussions. However, there has been no formal action taken steps, and Google probably will not make the purchase itself against Yahoo.

Quoted by Reuters, October 24, 2011, not yet clear where equity firm that has been approached by Google. Representatives of Google itself can not comment on it. However, any agreement between the two biggest Internet companies that could potentially violate the rules of monopoly.

Sources said the step was taken because of Google's main search engine companies that are interested in selling a number of advertising through Yahoo sites.

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