Jerry Yang said that Yahoo is currently not necessary to consider the issue of sale

Absrtact: October 20 News, according to foreign media reports, sources revealed in Wednesday, private equity company Silver Lake is currently working together with the Canada Pension Scheme Investment Authority (Canada Pension Plan Investment Board) and Microsoft, ready to submit a takeover offer to Yahoo. Canada Pension Plan

October 20, according to foreign media reports, the source revealed in Wednesday, private equity company Silver Lake is currently working together with the Canada Pension Plan Investment Authority (Canada Pension plans investment Board) and Microsoft, ready to submit a takeover offer to Yahoo. The Canada Pension Plan Investment Authority is also one of Silver Lake's investors.

It is reported that, according to the recommendations of the three-party discussions, Microsoft will contribute billions of U.S. dollars, in addition to the bank loans part of the funds. Silver Lake and the Canadian Pension Plan Investment Authority will also be spending some of their money on Yahoo's acquisitions, but the two will be less than the company's capital.

February 1, 2008, Microsoft proposed to 44.6 billion U.S. dollars (31 U.S. dollars per share) to buy Yahoo, and then put the offer to 33 U.S. dollars per share, but was the time to be Yahoo CEO Jerry Yang refused. July 2009, Microsoft and Yahoo announced jointly, two companies have reached a 10-year search and advertising cooperation agreement. The agreement stipulates that Microsoft will be the technology provider for Yahoo Search, and Yahoo will be the sole responsibility of two companies worldwide search advertising sales. Steve Ballmer, Microsoft's chief executive, said it was "Ballmer" to look back at Microsoft's 2008-year unsuccessful takeover of Yahoo.

After dismissing chief executive Bartz Carol Bartz last month, Yahoo's board is exploring the company's strategic options. At least 9 private-equity firms are exploring the possibility of a wholesale takeover of Yahoo, including Silver Lake, Blackstone Group, Texas Pacific Capital, Bain Capital, KKR, Carlyle Group, Haiman Freiman (Hellman & Friedman), the source said. and Providence Equity and so on.

But joining Alibaba Group and Microsoft in the acquisition of Yahoo, the whole situation will take place new changes. Yahoo now holds a 40% per cent stake in Alibaba Group, and Wall Street analysts believe that most of Yahoo's value is linked to its holdings of Alibaba Group, while Jack Ma, Alibaba Group chief executive, said at the end of last month that he was interested in acquiring Yahoo.

Yahoo co-founder Jerry Yang said in Wednesday that Yahoo had "a lot of options" and that its board was "thrilled" by the ongoing strategic assessment. Jerry Yang said that Yahoo is currently not necessary to consider the issue of sale.