Yahoo Enters a New Phase of Sale Negotiations: After speculation of a Microsoft-Yahoo alliance for perhaps the clunkiest tech merger possible, it looks like Microsoft will indeed submit a bid, but not for a full stake in the company. After signing a non-disclosure act last week, as we noted, this week Microsoft put in a bid. Microsoft will help finance Silver Lake’s consortium for a minority 20 percent stake in the company. That groups would also possibly include venture capital firm Andreessen Horowitz, making the deal more interesting because venture capital Marc Andreeseen, friend of Yahoo co-founder Jerry Yang might have a stake in the company, points out All Things D’s Kara Swisher.

http://www.theatlanticwire.com/business/2011/11/yahoo-enters-new-phase-sale-negotiations/45487/