Microsoft talking about new deal with Yahoo -
Summary from multiple countries, from articles in English
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Yahoo is facing intense pressure from its shareholders to reopen sales negotiations, with activist investor Carl Icahn threatening to replace the Sunnyvale-based company's entire board unless a deal can be worked out before Yahoo's July 3 annual meeting. (article 2)
The software company, based in Redmond, Wash., withdrew its unsolicited offer May 3 after the companies failed to agree on an acquisition price (article 1)
In corporate news, Microsoft Corp. has renewed talks with Yahoo Inc. about a possible deal to bolster the companies' position in the online search and advertising markets. (article 6)
Yahoo faces the threat of mutiny from shareholders unhappy with the way its board handled a takeover offer from Microsoft Corp. that was ultimately withdrawn this month. (article 4)
The boss of Yahoo has said Microsoft is no longer interested in buying the company but that it "makes sense" for the two to discuss working together. (article 3)
In his fullest comments since Microsoft dropped its $47.5bn bid this month, Jerry Yang admitted a merger would have had a "tremendous amount of power". (article 3)
Microsoft chief executive officer Steve Ballmer, in showing off the new Windows, also said his company is still in talks with Yahoo. (article 5)
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Other summaries about this story:
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Story keywords
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Yahoo, Microsoft, Yang, Icahn, Ballmer |
Source articles
- SAN FRANCISCO - Billionaire investor Carl C. Icahn... (baltimoresun.com, 05/30/2008, 172 words)
- Microsoft talking about new deal with Yahoo - (baltimoresun.com, 05/30/2008, 290 words)
- Yahoo 'listening' to Microsoft (BBC News, 05/29/2008, 234 words)
- ABC News: Yahoo Says It Is Not 'Under Siege' (ABCNews, 05/29/2008, 325 words)
- Microsoft shows off plans for touch-screen Windows (cbc.ca, 05/28/2008, 443 words)
- Lifestyle and Leisure, SanDisk Corporation, Maryland - (baltimoresun.com, 05/30/2008, 264 words)
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