According to reports  from the New York Times , Microsoft has signed the NDA to align itself for a potential bid for the struggling Internet company and also take a closer look at the financials of the company.This latest piece of information comes after a long trail of news about a possible buy-out of Yahoo by Microsoft .It was not long ago that Microsoft did bid for the company but the offer was later rejected by Yahoo!

Although, Microsoft currently has a search agreement with Yahoo! which the company is looking to maintain and if Yahoo! is however acquired by another firm, then Microsoft would not be willing to break that contract.However, the question still looms at large about what Microsoft would do with Yahoo! Surely they would integrate many of their products such as Skype, but how it would handle the other operations of the website is still a mystery. Also, there is the curious case of what Microsoft would do with its own portal site, MSN.com.

Signing the NDA and actually bidding for the company are two separate things but, by signing the NDA, it does come to show the interest levels of  Microsoft in Yahoo!