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Yahoo! 'to be sold' before it announces chief executive to replace Carol Bartz
Yahoo! is likely to be sold before it appoints a new chief executive to replace ousted Carol Bartz, sources close to the company have claimed.
Microsoft, which tried to buy the web search company in 2008 for $45bn, or $31 a share, is expected to reprise its bid. "Some of the same rationale - 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," said a source close to Yahoo!. AOL is also tipped as a likely candidate to merge with Yahoo!, which is strategically appealing but the latter has stagnated for the past few years while rivals Google and Facebook have flourished.
Ms Bartz was fired over the phone by Yahoo!'s chairman, Roy Bostock, on Tuesday, ending a rocky...Read more on this story---> Yahoo! 'to be sold' before it announces chief executive to replace Carol Bartz - Telegraph