The New York Times is reporting that Microsoft is in talks with News Corp. for a possible business combination with the MySpace business unit.
Yes, Microsoft wants to acquire everyone.
It’s a great maneuver to eliminate a possible white knight for Yahoo, increasing the chances of a Microsoft-Yahoo deal. And if consummated, the News Corp. deal would give Microsoft […]
In a quick response to Microsoft’s weekend letter, Yahoo responded loudly today with a letter criticizing Microsoft’s acquisition offer (valued today at roughly $29/share).
What does this rejection mean? It means that Yahoo CEO Jerry Yang, co-signee of the letter, was NOT busy today negotiating a $36/share deal with News Corp. It means that Yang was NOT […]
In a well-publicized letter to Yahoo’s board this weekend, Microsoft announced that it will continue its path toward a hostile proxy fight if Yahoo’s board continues its path in forestalling negotiations.
Sounds like Yahoo’s board has been too busy negotiating with suitors other than Microsoft.
The Wall Street Journal reports that talks between Yahoo and Time Warner “have heated up recently.” […]
The Wall Street Journal reports that Microsoft is unlikely to raise its offer for Yahoo, causing Yahoo shares to slump in market trading today.
Proxy fight fans must differentiate between “news reporting news” and “news being used for negotiations”. The WSJ article reads a lot like the latter.
If Yahoo is refusing to budge on their position […]
For those who might not read techie blogs, our friends at TechCrunch are predicting a $34/share deal for Yahoo.
In an excellent piece, TC claims that Microsoft and Yahoo are being quiet only publicly, having been in clandestine talks for some time.
That was absolutely fantastic on Yahoo’s part this week to delay its deadline for nominating a board slate.
Funny… can’t Microsoft just nominate a rival slate of directors tomorrow? Don’t we all know that Microsoft’s nominees are going to be different than Yahoo’s?
I keep having the feeling that Yahoo is like that kid is who standing in front of […]
Another potential major proxy fight on our hands? Perhaps.
Take-Two’s chairman Strauss Zelnick proudly declared yesterday, “Electronic Arts’ proposal provides insufficient value to our shareholders and comes at absolutely the wrong time given the crucial initiatives under way at the company.” $26 per share is not enough. In other words, Strauss must think the entire stock […]
As predicted earlier, the Microsoft-Yahoo ordeal is slowing turning into what could be the most fascinating proxy contest ever.
The Washington Post provides a great piece today on the strategy involved for Microsoft. Perhaps for the first time ever, a proxy contest has been called a “less-expensive alternative” (see the math in the 2nd paragraph). In […]
Very funny post written by Dominic Jones at IR Web Report, poking fun at Yahoo’s investor relations department.
As the poorer little brother to Yahoo’s media relations department, Yahoo’s IR department is wasting shareholder dollars while implementing a shoddy strategy.
For more, click here.
Roger Ehrenberg’s post at Seeking Alpha provides an excellent read on Yahoo’s strategic choice to decline Microsoft’s offer, claiming that Yahoo’s strategy will backfire.
An excerpt:
“Once you tell a supremely-funded, laser-focused acquiror to take a hike, you have put yourself in a world of fiduciary and PR hurt. Microsoft will wage a proxy fight and will win, […]
