Softbank: Microsoft bid for Yahoo raises value

Japanese telecom and Internet group Softbank Corp's president, Masayoshi Son, said on Thursday Microsoft Corp's $44.6 billion bid for Yahoo Inc could raise the value of the Yahoo brand.

By Agencies | Feb 07, 2008, 12.15 PM IST

TOKYO: Japanese telecom and Internet group Softbank Corp's president, Masayoshi Son, said on Thursday Microsoft Corp's $44.6 billion bid for Yahoo Inc could raise the value of the Yahoo brand.

Softbank holds a 3.9 percent stake in Yahoo Inc and a 41 percent stake in Yahoo Japan.

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