Microsoft Is Not Yet Done With Yahoo

This just got in, Microsoft (NASDAQ: MSFT) approached some media companies for a possible partnership to cook up a new deal with Yahoo (NASDAQ: YHOO).

“It’s clear that they’re still interested,” said Neele, who doesn’t hold Microsoft or Yahoo shares. “Microsoft still has this tiny problem in search: They’re losing market share to Google. If they want to deal with that seriously, they need to buy market share or invest in it themselves and that hasn’t been successful so far.”

I think Microsoft really wanted Yahoo’s search business. It’s the most logical thing to do to increase their search market share. Now I guess, yahoo’s shareholders who really wanted to cash in on the deal would be very much happy to hear about this. Currently, yahoo’s share price is in the low $20s and seeing another Microsoft lead deal at $30+ per share would be awesome.

To all yahoo shareholders out there, what can you say about this? Do you want yahoo to close the deal? Let us hear your comments.

[via bloomberg ]