Date:21/05/2008 URL: http://www.thehindu.com/2008/05/21/stories/2008052160880100.htm

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Microsoft plans to buy part of Yahoo

BOSTON: Microsoft Corp proposes to buy Yahoo Inc’s search business and take a minority stake in the Web pioneer, stopping short of a full-out merger. As part of the deal, Yahoo would sell its Asian assets, including significant minority stakes in Yahoo Japan and China’s Alibaba Group, while Microsoft would buy a chunk of what remains of the company.