logo
  Join        Login             Stock Quote

Microsoft Re-Enters Yahoo Takeover Battle

 July 08, 2008 01:35 PM
 


" + __flash__argumentsToXML(arguments,0) + "")); }' browserurlchange='function () { return eval(instance.CallFunction("" + __flash__argumentsToXML(arguments,0) + "")); }'>

[Related -Why it’s time to sell Microsoft]

[Related -What does Istanbul have to do with AAPL?]

(NewsVisual, powered by IntellectSpace) -- MicrosoftCorp (NASDAQ: MSFT) is reviving its intentions to aquire all or part of YahooCorp (NASDAQ: YHOO), and in the process could find a powerful ally in billionaire investor CarlIcahn.

The computer giant said Monday that it was willing to reconsider a deal with Yahoo if the internet services company was willing to replace its board. Many of Yahoo's current board has been strongly opposed to any attempts at a sale or break-up of the company in the past few months.

Microsoft's latest move could prove to be even stronger than the last, as the request to replace the board is something that major player Carl Icahn has been adamant about since Yahoo's first rejection of Microsoft's takeover offer.

Yahoo has responded to Microsoft's statements about it's conditions for a deal, accusing the company of working with Icahn to force a deal that may not be in the best interests of its shareholders. Despite Yahoo's very public contempt for Microsoft and Carl Icahn's proposals, the joining of these two forces could finally be what overtakes Yahoo's resistant board.

iOnTheMarket Premium
Advertisement

Advertisement


Comments Closed


rss feed

Latest Stories

article imageHomeAway, Inc. (AWAY) Q2 Earnings Preview: Top and Bottom Line Bullish Surprise?

HomeAway, Inc. (NASDAQ:AWAY) will report its financial results for the second quarter ended June 30, 2014 read on...

article imageAmazon.com, Inc. (AMZN) Q2 Earnings Preview: Missing on the Top and Bottom Lines, Again?

Amazon.com, Inc. (NASDAQ:AMZN) will release its second quarter financial results after market close on read on...

article imageFord Motor Company (F) Q2 Earnings Preview: Light on the Top Line?

Ford Motor Company (NYSE:F) will release its preliminary second quarter 2014 results at 6:30 a.m. EDT read on...

article imageTripadvisor Inc. (TRIP) Q2 Earnings Preview: On Target Enough?

Tripadvisor Inc. (NASDAQ:TRIP) will release its second quarter financial results after market close on read on...

Advertisement
Popular Articles

Advertisement
Daily Sector Scan
Partner Center



Fundamental data is provided by Zacks Investment Research, and Commentary, news and Press Releases provided by YellowBrix and Quotemedia.
All information provided "as is" for informational purposes only, not intended for trading purposes or advice. iStockAnalyst.com is not an investment adviser and does not provide, endorse or review any information or data contained herein.
The blog articles are opinions by respective blogger. By using this site you are agreeing to terms and conditions posted on respective bloggers' website.
The postings/comments on the site may or may not be from reliable sources. Neither iStockAnalyst nor any of its independent providers is liable for any informational errors, incompleteness, or delays, or for any actions taken in reliance on information contained herein. You are solely responsible for the investment decisions made by you and the consequences resulting therefrom. By accessing the iStockAnalyst.com site, you agree not to redistribute the information found therein.
The sector scan is based on 15-30 minutes delayed data. The Pattern scan is based on EOD data.