Google’s not too happy about Microsoft’s $44.6 billion-dollar hostile takeover bid. So much so, that the internet giant has offered Yahoo a helping hand to thwart the deal that would undoubtedly change the rules of the game for online competition.
Miguel Helft and Andrew Ross Sorkin from the NYT are reporting that Google’s CEO, Eric Schmidt, called Yahoo’s co-founder and current top man to talk about a possible partnership between the companies, as a way to block Microsoft.
Google’s lobbyists in Washington are strategizing on how to prevent regulatory approval of a Microsoft deal, while other execs are looking to encourage rival bids from other companies, like Time Warner, which owns AOL.
People close to Yahoo said potential suitors made inquires over the weekend and company insiders have speculated about the possibility of breaking up the company.