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| Address URL | http://www.alleyinsider.com/ Registered: 22-Mar-2008 |
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 Send to email | Microsoft and Yahoo In Talks to Avoid Hostile Fight or Bid Withdrawal* in MSFTYHOO |  By Silicon
el 29-Apr-2008 | Not "formal" talks, says Kara Swisher, who reported them. Just "informal talks." Which of course are the same thing:
According to sources close to both companies, there are informal
discussions now taking place between Yahoo (YHOO) and Microsoft
(MSFT)-via bankers, board members, shareholders and others close to
both companies-to try to prevent a hostile takeover scenario or the
sudden withdrawal of Microsoft's offer.
Both options are unattractive for a number of reasons to pretty much
everyone and, in BoomTown's opinion, an excellent example of how
juvenile this takeover battle has become (or 'amateur hour,' as one
source close to both companies described it to me)...
What's interesting to me is how a lot of the strategies are being
described as being needed to preserve face and macho status in the
industry and on Wall Street.
If that last bit is true--and, sadly, it's believable--Kara is right: Both sides need to grow up. Kara suggests a private dinner between Jerry and Steve. We coudn't agree more. In fact, we proposed exactly this the day the bid was announced. We think Jerry should try to persuade Steve to combine the companies by spinning Microsoft's web business into a stand-alone Yahoo because the current deal will be a disaster, but that's a different story.
But more importantly...this is why Yahoo's stock is on a rocket-ride this afternoon. A friendly deal is best for all involved--and best for the stock price.
*UPDATE: Latest from Kara is that the companies may meet on neutral ground soon--in Oregon. Or Microsoft may launch a proxy fight tomorrow.
See Also: Yahoo's Stock Up in Down Tape--What Gives?
Inches away?.... (Kara's awesome photo)
ballmer-yang-high-five.jpg: Paste this image in your site, Myspace, Facebook, Ebay copy this code...
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| Microsoft and Yahoo In Talks to Avoid Hostile Fight or Bid Withdrawal* | | Not "formal" talks, says Kara Swisher, who reported them. Just "informal talks." Which of course are the same thing:
According to sources close to both companies, there are informal
discussions now taking place between Yahoo (YHOO) and Microsoft
(MSFT)-via bankers, board members, shareholders and others close to
both companies-to try to prevent a hostile take [..] Read complete article | | Published 29-Apr-2008 by Silicon in MSFTYHOO
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| Yahoo: We Will Slay Hedge Fund Wolf Pack in Proxy Fight |  A secret Yahoo (YHOO) source tells the WSJ that Yahoo thinks its shareholders will reject the Icahn proxy fight. Unless Icahn delivers a Microsoft (MSFT) transaction before the July 3 shareholder meeting, we agree.
Moreover, as we've said, we think voting against the Icahn slate in the absence of a deal is the right move: Steve Ballmer is not a moron, and if Icahn decapitates Yahoo's boa [..] Read complete article | | Published 21-May-2008 by Silicon in MSFTYHOO
Read 3 times. More hits in |
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 | Nerdblog |  Blogger | Provides news about hardware, software, notebooks, laptops, PCs, Mac, PDAs
Nerdblog.Net |
| Microsoft to Yahoo!: surrender or else | | Big Steve turns the screw
Microsoft has told unwilling takeover target Yahoo! that it has three weeks to negotiate a deal - or it will go hostile. If it goes to a proxy battle, Microsoft will almost certainly return with a lower offer than the $44bn bid originally tabled on January 31.
TheRegister [..] Read complete article | | Published 06-Apr-2008 by Nerdblog in General
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| Nerdblog | Blogger | Provides news about hardware, software, notebooks, laptops, PCs, Mac, PDAs
Nerdblog.Net |
| Yahoo! talks! to! Time! Warner? | | And others…
Yahoo! spent the holiday weekend locked in talks with Time Warner. The two are looking for a way to split Yahoo! up in order to fend off Microsoft’s takeover attempt.
TheRegister [..] Read complete article | | Published 07-Jul-2008 by Nerdblog in General
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Yahoo's stock (YHOO) has staged a strong recovery this afternoon, rising steadily since mid-morning, when it dropped below $26. Is word leaking out that Microsoft (MSFT) is going hostile or raising its bid?
UPDATE: Microsoft and Yahoo in Informal Talks
[..] 
Microsoft (MSFT) is withdrawing its bid for Yahoo (YHOO). It will not pursue a hostile proxy battle.
Microsoft raised its bid to $33. Yahoo's board wan [..] 
We've already highlighted Marc Andreessen's excellent overview of how a Microsoft-goes-hostile-for-Yahoo (YHOO) attack would work, and we recommend it to anyone interested in this [..] 
How do we know that Steve Ballmer's withdrawal of his Yahoo (YHOO) offer wasn't just a brilliant negotiating move? Because less than 72 hours after he did it--with the target, Yaho [..] 
The last word on Microsoft-Yahoo is that the companies are furiously discussing a byzantine transaction in which Microsoft buys Yahoo's search business and that Microsoft is holding open the [..] 
No doubt you have better things to do than check the WSJ obsessively to watch Microsoft (MSFT) and Yahoo (YHOO) negotiate with each other, but if so, you've missed some fun in the past 12 h [..] 
