Erick Schonfeld submits: Yahoo YHOO formally announced today that it is no longer in discussion with Microsoft for a deal of any sort. Both companies had renewed discussions once again exploring either an all-out acquisition or the sale of Yahoo’s search business. But Microsoft was “not interested in pursuing...
Yahoo! has rejected a new joint takeover bid from dissident shareholder Carl Icahn and Microsoft which would have seen the Redmond firm acquire Yahoo!'s search business and Icahn take control of the rest of the internet company. Yahoo! says the proposal represents improvements from Microsoft's previous offer, but undervalues...
NEW YORK (Reuters) - Yahoo YHOO told shareholders on Wednesday that the search advertising pact it signed with Google GOOG earlier this month was "financially attractive" and struck the right strategic balance. In a letter to shareholders, Yahoo said the deal would do...
Kevin Duffiny submits: Yahoo! Inc. confirmed that it has rejected, again, a joint proposal from Microsoft Corporation and Carl Icahn for a complex restructuring of Yahoo! that would include the acquisition of Yahoo!'s search business by Microsoft. The proposal was made on Friday evening and Yahoo! was given less...
SAN FRANCISCO (Reuters) - Microsoft Corp MSFT and billionaire investor Carl Icahn's joint proposal for Yahoo Inc YHOO, which was rejected on Saturday, included $2.3 billion in guaranteed annual revenue from search advertising for five years, people familiar with the matter...
Erick Schonfeld submits: As Yahoo YHOO prepares for its upcoming shareholder meeting, it is fighting to convince enough investors that it did the right thing by spurning Microsoft’s various offers, especially the last one which had Microsoft MSFT just buying Yahoo’s search business, in favor of doing...
NEW YORK (Reuters) - Billionaire investor Carl Icahn filed a proxy on Monday to nominate a slate of nine directors to replace Yahoo Inc's YHOO board and chief executive after the Internet company rejected Microsoft Corp's MSFT latest proposal to buy...
By Anupreeta Das SAN FRANCISCO (Reuters UK) - Microsoft Corp MSFT and billionaire investor Carl Icahn's joint proposal for Yahoo Inc YHOO, which was rejected on Saturday, included improved revenue guarantees from search advertising, people familiar with the matter said on Sunday. In joining forces...
By Diane Bartz WASHINGTON (Reuters) - A Yahoo Inc YHOO executive accused Microsoft Corp MSFT of teaming up with activist investor Carl Icahn to force a "fire sale" price for Yahoo's search business. Yahoo General Counsel Michael Callahan, in testimony Tuesday...
Yahoo's stock price has bounced as investors flirted with rumours that Microsoft is once-again courting the floundering Internet pioneer.Neither company would comment on what, if any, talks are under way, but both firms dismissed the notion Microsoft has a renewed interest in taking over Yahoo.Microsoft said its position has...
NEW YORK (Reuters) - Yahoo Inc YHOO said on Thursday billionaire Carl Icahn's agenda presents a "significant risk" to the value of Yahoo stock, and that it would only sell itself to Microsoft MSFT under the right terms. The shareholder letter posted on...
Updated with Yahoo response, more on potential search deal: Microsoft on Sunday issued a statement that opens the door to a partnership with Yahoo, but not an acquisition. Now Microsoft is talking some sense Techmeme. The 20-second version of this Microhoo drama so far....
Yahoo is reportedly near a search deal with Google and plans an unrelated reorganization. Meanwhile, Microsoft says it's no longer interested in Yahoo. Add it up and billionaire investor Carl Icahn's grand plan to cash in on Yahoo just went kaput. First, the news. News.com's Stephen Shankland...
Tech Confidential submits: Depending on who you listen to or what unnamed source you want to believe, Microsoft Corp. MSFT may or may not be in talks to acquire some or all of Yahoo! Inc. YHOO. Operating under the assumption that no means no and the two sides...
By Daisuke Wakabayashi SEATTLE (Reuters) - Microsoft Corp MSFT said on Wednesday that Kevin Johnson, who as president of Microsoft's largest business division spearheaded the company's pursuit of Yahoo Inc YHOO, is leaving the software maker. Microsoft will undergo a reorganization, splitting the...
Yahoo! chairman Roy Bostock and Jerry Yang, CEO and co-founder fired off another impassioned letter on Thursday warning shareholders that billionaire investor – and shareholder – Carl Icahn ?is a well known corporate agitator with a short-term approach to his investment.? The letter also says that Icahn’s involvement ?will...
Yahoo has sent a letter to stockholders defending its alliance with Google and criticising Carl Icahn's campaign to install a Microsoft-friendly board of directors.Yahoo's board is lobbying for allies as it heads for a showdown with the billionaire corporate raider at an annual gathering of the California firm's stockholders...
By Kenneth Li NEW YORK (Reuters) - Time Warner Inc's TWX discussions to merge or sell its AOL Internet division with Microsoft Corp MSFT or Yahoo Inc YHOO have taken on new urgency ahead of Yahoo's Aug 1 shareholders meeting, a source familiar...
By Kenneth Li NEW YORK (Reuters UK) - Time Warner Inc's TWX discussions to merge or sell its AOL Internet division with Microsoft Corp MSFT or Yahoo Inc YHOO have taken on new urgency ahead of Yahoo's Aug 1 shareholders meeting, a source familiar with ...
Eric Savitz (Barron's) submits: Microsoft MSFT shares have been clobbered today after the company’s report last night of modestly disappointing results for its fiscal fourth quarter ended June. The quarter was something of a mixed bag: the Windows shortfall that the company suffered in the March quarter was reversed,...
