According to Reuters, Microsoft Corp is considering a bid for Yahoo! Inc., which has a market value of about $20 billion and is readying financial pitch books for potential buyers. One camp inside Microsoft is hot for the deal, believing that it would create a strong Web portal that can offer better products to audiences, advertisers and end users.

 

Microsoft last tried buying Yahoo in 2008, offering to pay as much as $47.5 billion, or $33 per share.

 

Any auction process for Yahoo is still in the early stages, and the company's financial advisers, Goldman Sachs and Allen & Co, are preparing to send financial information to potential bidders.

 

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