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 Search Score: 6/10
Source: blogs.reuters.com --- 10 days ago
He talked, he cajoled, he wrote stern letters, and issued threatening press releases. Now, it’s really on: Activist investor Carl Icahn filed a proxy on Monday to nominate a slate of nine directors to replace Yahoo’s board and to oust co-founder and current CEO Jerry Yang. This came after a weekend dust-up in which Yahoo’s board [...] ... Source: money.cnn.com --- 3 days ago
There's a new twist in the MicroHoo takeover saga and Wall Street is busy trying to figure out what it means. ... Source: www.news.com --- 15 days ago
Although deals can break on dollars and sense, it often comes down to people and the chemistry between the principals. ...
Source: blogs.zdnet.com --- 2 days ago
The Carl Icahn proxy battle and Microsoft buyout drama appears to have been a slight distraction for Yahoo, which is seeing slowing display ad demand amid a weak economy. Yahoo on Tuesday reported second quarter net income of $131 million, or 9 cents a share, on revenue of $1.35 billion excluding traffic acquisition costs (statement). [...] ... Source: blogs.wsj.com --- 21 days ago
Another buyout bites the dust. This time it is Penn National Gaming. The casino operator and its buyers, Fortress Investment Group and Centerbridge Partners, agreed to terminate the proposed $6.1 billion acquisition. Given where Penn National’s shares were trading this isn’t altogether unexpected. Dan Primack over at peHUB, however, offers up one reason he does find [...] ... Source: blogs.zdnet.com --- 5 days ago
Microsoft interminable hunt to cobble together an ad platform with greater market share continues, reaching now into AOL territory. There is merit in the goal, though much risk in the path which leads to it. ... Source: blogs.zdnet.com --- 10 days ago
The MicroHoo saga gets messier by the minute and will probably get worse as we near the Aug. 1 shareholder meeting where Carl Icahn tries to boot Yahoo’s board and CEO Jerry Yang. We’re back to dueling letters again and the saga is very messy (Techmeme). On Saturday night, Yahoo released a statement detailing an offer [...] ... Source: latimesblogs.latimes.com --- 22 days ago
Commenting on the latest development in the long-running corporate saga that has become known not so affectionately as MicroHoo, financial blogger Paul Kedrosky wrote Tuesday night: "I can almost not bear to type these irritating words -- Microsoft is messing with Yahoo again." Can't bear to write them? Some people can't bear to read them. The long dance between the two companies got another nudge with a long story on the front page of today's Wall Street Journal. The WSJ says that Microsoft is continuing to talk with potential partners, including Time Warner and News Corp., about ways it might end up with Yahoo's search business. The piece also goes into great detail about how we got to this point, with some funny stories about Microsoft Chief Executive Steve Ballmer and Yahoo CEO Jerry Yang meeting for golf with mutual friends in Montana and laughing as they discuss a potential deal on Yang's plane. And then there was this gem:On April 15, the two sides met in Oregon at the Portland offices of Kirkpatrick & Lockhart Preston Gates Ellis LLP, the former law firm of Microsoft founder Bill Gates's father. With both companies concerned about leaks, Microsoft took pains to ensure that the meeting remained a secret. It instructed Mr. Yang and his coterie of advisers to drive to the back of the building, where a woman holding a closed red umbrella would be waiting for them at the loading dock.Golf games? Giggles? And a woman with a red ... Source: www.nzherald.co.nz --- 22 days ago
SAN FRANCISCO - Unable to strike a deal on its own, Microsoft Corp. reportedly is hoping to snap up Yahoo's online search operations with the help of News Corp and Time Warner. The latest twist in Microsoft's convoluted courtship... ... Source: www.nzherald.co.nz --- 7 days ago
SUNNYVALE - Yahoo has sent a letter to shareholders in which it called Microsoft's actions in its dance to acquire all or part of the internet company "stupefying." The letter from Yahoo Chairman Roy Bostock and Chief Executive... ... Source: www.nzherald.co.nz --- 9 days ago
SAN FRANCISCO - Apparently abandoning hopes for a truce with Yahoo, investor Carl Icahn sharpened his focus on replacing the internet company's board after his attempt to negotiate a deal with Microsoft was angrily rejected. Icahn... ... Source: www.nzherald.co.nz --- 10 days ago
SAN FRANCISCO - Yahoo has rejected Microsoft's latest attempt to buy its online search operations in a "take or leave it" proposal that Yahoo said would have dismantled its internet franchise. As described by Yahoo in a... ... Source: www.imediaconnection.com --- 20 days ago
After secret talks between Microsoft and Yahoo broke down earlier this week, ... Source: www.nzherald.co.nz --- 17 days ago
SAN FRANCISCO - Microsoft threw its weight behind investor Carl Icahn's effort to oust Yahoo's board next month, saying that a successful rebellion would encourage the software maker to renew its takeover bid for Yahoo or negotiate... ... Source: adage.com --- 22 days ago
NEW YORK (AdAge.com) -- You didn't think it was over, did you? As Yahoo's stock has fallen dangerously low -- almost to sub-$20 levels that preceded Microsoft's takeover bid back in February -- Microsoft is looking for partners to help it break up Yahoo so that it can nab its search business, according to a report in the Wall Street Journal. ...
Source: www.microsoft-watch.com --- 22 days ago
News Commentary. Rumors Microsoft wants to break up Yahoo make sense to me. Steveo won't let go.... ... Source: www.itbusinessedge.com --- 16 days ago
As activist investor Carl Icahn cozies up to Microsoft in an effort to turn up the pressure on Yahoo, Yahoo has re-entered merger talks with Time Warner, reports Times Online. Microsoft announced Monday that, yes, it would come back to the bargaining table for a full buyout of Yahoo if shareholders oust its board of directors. [...] ... Source: www.itbusinessedge.com --- 23 days ago
Bill Gates recently expressed doubts on a deal between Microsoft and Yahoo. Yahoo is now giving its side of the story. The company filed a comprehensive report of its acquisition talks with Microsoft to the U.S. Security and Exchange Commission, reports vnunet.com. Included in the report was a presentation given to shareholders that expressed its opposition [...] ... Find more results for MicroHoo on RSSMicro.com |
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(Credit: Artwork by Arthur Rackham 1909, executive's heads courtesy of their respective companies, collage by Tobak) Every kid knows the fairy tale of Hansel and Gretel , but I bet you've never heard the story of Jerry and Sue, right? Well, read on. Not so long ago, in merry old Silicon Valley, lived a family named Yahoo. When hard times and famine hit, the father - an old advertising executive named Bostock - led two of his children - Jerry and Sue - into the forest. Why did Bostock do that to his kids? Some say he did it so he'd have fewer mouths to feed, but nobody knows his motives for sure. Lost in the forest, Jerry and Sue finally came upon a huge house made of gingerbread. The house was called Microsoft, and inside lived a witch named Ballmer. Some say the witch was evil, but he was more likely just desperate to reinvigorate his ancient, slumbering home with some youth. ... ...
MS discusses dismembering Yahoo with News Corp and Time Warner and makes semantic search acquisition. ...