Microsoft Lets Yang Twist in Wind

Schachter, Ken
November 2008
Red Herring;11/7/2008, p3
Trade Publication
The article discusses the announcement of Steve Ballmer, chief executive of Microsoft Corp., stating that he is no longer interested in renewing his failed effort at acquiring Yahoo. Yahoo Chief Executive Jerry Yang believes that Microsoft must buy Yahoo, which stock dropped to $1.78, or 12.8%, to $12.18. Yahoo ended a multi-year deal Google for the outsourcing part of its search advertising.


Related Articles

  • Yahoo Shares Spike on Ballmer Tease. Schachter, Ken // Red Herring;10/16/2008, p3 

    This article reports on the increase in shares of Yahoo! following a statement from Microsoft Corp. chief executive officer (CEO) Steve Ballmer during the Gartner ITXpo held in Orlando, Florida. Ballmer said that an acquisition of Yahoo! by Microsoft still makes sense for shareholders of both...

  • Jerry to Steve: Thanks, But No Thanks. Schachter, Ken // Red Herring;4/7/2008, p7 

    The article focuses on the controversies surrounding the unsolicited takeover attempt issued by Microsoft for Yahoo. Microsoft Chief Executive Steve Ballmer claimed that no other firm has emerged for Yahoo and that public indicators suggest Yahoo's search and page view shares have declined. In...

  • Ballmer quashes Yahoo hope.  // Computer Weekly;11/25/2008, p5 

    The article reports that Microsoft Corp. chief executive Steve Ballmer has quashed renewed hopes of a Yahoo! Inc. buyout, killing a resurgence in the Internet firm's share price. Yahoo's shares grew after the company announced plans to replace Jerry Yang as chief executive. Yang was criticized...

  • TechSpin: What Now for Yahoo and Microsoft? Dreyfuss, Joel // Red Herring;5/4/2008, p1 

    The author reflects on the decision of Microsoft Chief Executive Officer (CEO) Steve Ballmer not to raise his final $33-a-share offer for Yahoo or pursue a hostile takeover. According to the author, had Ballmer acquired Yahoo, Microsoft would have gained the 1.36 billion Internet searches...

  • Wave of Media M&A Forecast. Schachter, Ken // Red Herring;3/19/2009, p3 

    The article forecasts possible mergers and acquisitions (M&A) in the online media industry. Jonathan Miller, the former head of AOL, said that the M&A burst can make companies think about integration of media companies. Microsoft Chief Executive Officer (CEO) Steve Ballmer expressed his interest...

  • Wireless ringing with potential of Microsoft-Yahoo combo.  // RCR Wireless News;2/4/2008, Vol. 27 Issue 3, p24 

    The article focuses on Microsoft Corporation's proposed acquisition of Yahoo Inc. The Redmond, Washington-based software giant offered $44.6 billion in cash and stock for Yahoo, marking a 62% premium over the stock's price. The proposed takeover is an obvious attempt to gain ground on Google...

  • Mixed views on Microsoft retreat.  // PRWeek (London);5/9/2008, p13 

    The article highlights newspaper reports in England about Microsoft's decision to withdrew its bid to purchase Yahoo. According to "The Times," the prospect of Yahoo outsourcing a lucrative part of its business to Google in the event that Microsoft tried to launch a formal, hostile takeover...

  • Microsoft refutes Yahoo! takeover claims. Fernandez, Joe // Marketing Week;11/6/2008, Vol. 31 Issue 45, p37 

    The article reports that Microsoft Corp. has claims that the Internet company would consider another takeover bid for Yahoo Inc. The two firms were in talks earlier in 2008 for a 30m pounds takeover by Microsoft that Yahoo! executives failed to back. At a conference in Australia, Microsoft chief...

  • Is CRM Too Hard for Microsoft? Lager, Marshall // CRM Magazine;May2008, Vol. 12 Issue 5, p16 

    The article focuses on the plan of Microsoft Corp., to acquire Yahoo Inc. in the U.S. According to Microsoft president and CEO, Steve Ballmer during the Microsoft Convergence event in March 2008, the company is on the right place as far as business applications were concerned. He also considers...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics