Microsoft and partners may be working on new Yahoo offer

Microsoft is still interested in getting at least a piece of Yahoo, according to a new rumor. Reuters reports via unnamed sources that Microsoft and its financial partners, which include private equity group Silver Lake and venture capital firm Andreessen Horowitz, are preparing a new offer that, if accepted, would give the group a 10 to 15 percent minority stake in Yahoo.

Details about the new offer, in terms of its financial numbers, were not revealed. However, the story claims that the offer does come with the condition that Yahoo find a "new, world-class chief executive" to lead the company. Yahoo unceremoniously fired its last CEO, Carol Bartz, in September. So far Yahoo has yet to name a full time replacement. Last month, Microsoft reportedly signed an NDA with Yahoo so the company could take a look at Yahoo's financial books.

Microsoft and its partners have some competition in terms of buying into Yahoo. TPG Capital is also rumored to be offering a bid for part of the company. Chinese e-commerce company Alibaba is also rumored to be teaming up with a number of financial partners for a full buyout of Yahoo, rather than just a minority stake in the company.

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