Microsoft news and features
Summary from United States, from articles in English
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Microsoft emphasized that it hasn't resurrected a $47.5 billion takeover bid that its chief executive , Steve Ballmer, withdrew after Yahoo CEO Jerry Yang - acting on behalf of Yahoo's board - demanded another $5.5 billion. (article 1)
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 1)
Tomorrow is the deadline to nominate a slate of candidates for a shareholder vote at Yahoo's annual meeting, scheduled for July 3. (article 3)
The software company, based in Redmond, Wash., withdrew its unsolicited offer May 3 after the companies failed to agree on an acquisition price (article 3)
Yahoo Inc. CEO Jerry Yang spent a good deal of time Wednesday saying very little about his company's uncertain future. (article 4)
Speaking at a technology conference in Carlsbad (San Diego County), he said his company is not under siege, despite a looming proxy fight with investors and ongoing negotiations with Microsoft Corp. for various advertising partnerships. (article 4)
Yang then repeats the company's party line on the merger talks, saying that Yahoo is open to an acquisition, but only under the right circumstances. (article 4)
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Event tracking:
Story keywords
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Yahoo, Microsoft, briefs, oil, Icahn |
Source articles
- Mergers, Acquisitions and Takeovers, Google Inc. - (baltimoresun.com, 05/31/2008, 290 words)
- Microsoft news and features (seattletimes.nwsource.com, 05/31/2008, 260 words)
- Annual and Special Corporate Meetings, Oracle Corporation - (baltimoresun.com, 05/31/2008, 172 words)
- TECH CHRONICLES (sfgate.com, 05/31/2008, 495 words)
- Chicago Sun-Times :: Archive :: (suntimes.com, 05/31/2008, 2855 words)
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