Microsoft and Yahoo are holding informal merger discussions, marking a shift from the "radio silence" that previously existed between the two companies, according to a source familiar with the talks.
A lot has changed over the past two weeks, compared with February 1 when Microsoft issued its unsolicited buyout bid for Yahoo, which initially valued the company at $31 a share.
"Yahoo has shown some willingness to have a conversation and talk," said the source on Wednesday. The source noted the Redmond giant has since come to the conclusion it may never get a formal rejection letter from Yahoo. … Read more