 |
 User: Login | Weblog covering digital business Digital Business, Live From New York |
| Address URL | http://www.alleyinsider.com/ Registered: 22-Mar-2008 |
| Ads: | |
Send to email | Yahoo Ready To Sell, Microsoft Wants Proof Yang and Filo Have Been Gagged in YHOOMSFT | By Silicon el 23-May-2008 |
ForSale2.jpg: Paste this image in your site, Myspace, Facebook, Ebay copy this code...
While Microsoft (MSFT) pretends to be earnestly working on the details of a byzantine three-part transaction that will chop up Yahoo (YHOO) and leave Microsoft with its "search business" (whatever that is), Yahoo has hung another FOR SALE sign around its neck (in the WSJ). It also has reminded Microsoft that it's just inches away from signing that Microsoft-killing Google search deal (translation: clock ticking)
Microsoft, meanwhile, has told Yahoo shareholders (through the WSJ) that it would be happy to buy Yahoo but that those crazy founders are still holding out for a ludicrous $37 (translation: We're the reasonable ones here; If you want to help get a deal done, call crackpot Yang and tell him to get real):
Yahoo's camp has reacted cautiously to the [wacky asset sale] proposal but is prepared to do a full-company deal if the price is right, people close to the company say. Yahoo's board, concerned by the negative shareholder reaction to the collapsed talks, is more inclined to do a deal, the people say.
Microsoft isn't convinced Yahoo founders Jerry Yang and David Filo are willing to accept anything less than $37 a share, according to people close to the software company. But some of the people view the latest talks as an excuse to try to restart discussion of a full Yahoo acquisition, which some at Microsoft would still prefer. Yahoo on Thursday delayed its annual shareholders meeting from July 3 to "around the end of July" the company said.
For now, discussions remain focused on Yahoo's search business without any new negotiations on a full acquisition, people close to the matter say. Yahoo separately is close to a deal to carry search ads from Google Inc., say people familiar with the matter -- a pact that could further stir the waters.
Full acquisition at $34 getting more likely all the time.
See Also: Yahoo Delays Shareholder Meeting Again, Sheds Director Yahoo Investor Miller: Forget This Crazy JV Thing--Just Sell The Company Already

Read 4 times

|
|
 |
| Ballmer says ?No? to a post-Yang Yahoo buyout | | Ending speculation that another Microsoft-Yahoo deal may be on the table after the exit of Jerry Yang, Steve Ballmer said at a Wednesday shareholder meeting “Let me be clear. We are done with all acquisition discussions with Yahoo.” His announcement sent Yahoo’s shares into a 20% nosedive, closing at $9.13 at days end. Ballmer did [...] [..] Read complete article |  | Published 20-Nov-2008 by Kelly Hodgkins in NewsBallmerMergermicrosoftYahooYang Read 0 times. More hits in  |
|
| Jerry Yang to step down as Yahoo CEO | What a long strange trip it’s been. Mark this one as done folks - Yahoo has officially announced that Jerry Yang will step down as CEO of Yahoo. Yang has been at the helm of what can only be described as a sinking ship since June of 2007. His moves have been made under a [...] [..] Read complete article |  | Published 17-Nov-2008 by Zach Epstein in NewsCEOJerry YangresignationYahoo Read 1 times. More hits in  |
|
| Microsoft to Yahoo: ?We moved on? | After Jerry Yang did a 180 and nearly begged Microsoft to buy Yahoo, the rumor mills have been churning with commentary on the decline of Yahoo and speculation about what a potential Microsoft acquisition would involve. Steve Ballmer, while at a business luncheon in Sydney, put an end to all this rampant speculation by saying,
We [...] [..] Read complete article |  | Published 07-Nov-2008 by Kelly Hodgkins in NewsacquisitionJerry Yangmicrosoftsteve ballmerYahoo Read 2 times. More hits in  |
|
|
Warning We are not responsible of information posted from external feeds. Use this website at your own risk.
Notice: We will not be liable for any direct or indirect loss or damage arising under this disclaimer or in connection with our website, whether arising in tort, contract, or otherwise.
|
|
| |