Columbia Newsblaster: Yahoo "completely rewiring" for online advertising growth despite Microsoft talks

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Yahoo "completely rewiring" for online advertising growth despite Microsoft talks
Summary from multiple countries, from articles in English

In the latest effort to placate restless investors, Yahoo Inc. president Sue Decker laid out plans Wednesday for building the company's online advertising operations, and Yahoo announced a slew of new partnerships. (article 7) Yahoo on Wednesday rejected allegations by Carl Icahn that it had sabotaged any acquisition by Microsoft with an expensive worker compensation plan. (article 2) The internet company said Mr Icahn's reference to its employee retention plan as a poison pill "could not be further from the truth". (article 2) In an open letter, Roy Bostock said the plan was designed to protect the company's assets and value at a time of uncertainty. (article 2) 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) Investor Carl Icahn claimed the board went to "inordinate lengths" to prevent the $47.5bn ($24bn) merger deal with Microsoft going ahead. (article 3) Lawyers for Yahoo investors said company officials "gave the back of their hand" to Microsoft's efforts to negotiate a buyout, according to papers unsealed Monday in Delaware Chancery Court. (article 4)

Other summaries about this story:

Summary from the United Kingdom, from articles in English (1 articles) [compare]

Summary from United States, from articles in English (11 articles) [compare]

Other stories about Yahoo, Microsoft and Search:

Microsoft offers rebate to search-engine users - (5 articles)

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Story keywords

Yahoo, Microsoft, Search, advertising, company

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