Yahoo: Microsoft Was $4 Away From Deal

Schachter, Ken
June 2008
Red Herring;6/30/2008, p6
Trade Publication
The article focuses on the claim of Yahoo that Microsoft was $4 away from acquiring the company. In a shareholder presentation, Yahoo revealed that Microsoft could have bought the company for $37 per share, but it was unresponsive and never get past $33. Yahoo also opposed the proxy takeover proposal of billionaire investor Carl Icahn and defended its decision to outsource some search advertising to rival Google.


Related Articles

  • Microsoft, Yahoo Explore Alternatives. Schachter, Ken // Red Herring;7/3/2008, p1 

    The article reports on the alternatives being explored by Microsoft and Yahoo due to the lack of a definite direction for Microsoft's bid for Yahoo. Yahoo is said to be continuing discussions with Time Warner about a possible merger with its AOL unit. Also, Microsoft is reported to be in talks...

  • Yahoos Set Phasers on Stun, Put Shields Up. Schachter, Ken // Red Herring;5/16/2008, p3 

    The article reports that Yahoo! Inc. is racing to complete an advertising deal with Google that could short-circuit efforts to force a union with Microsoft. "The New York Post" noted that Yahoo could announce a deal on an open platform through which Google, Microsoft, AOL and others could bid...

  • Microsoft Vies to Parry Google Deal. Schachter, Ken // Red Herring;5/19/2008, p2 

    This article reports on a proposal of Microsoft to acquire Yahoo in 2008. The proposal comes after billionaire investor Carl Icahn declared a proxy war to push Yahoo toward an acquisition deal. UBS analyst Ben Schachter said the Microsoft deal would counter a potential Yahoo search advertising...

  • Microsoft, Yahoo talking deal again.  // Dow Theory Forecasts;5/26/2008, Vol. 64 Issue 21, p1 

    The article reports that Microsoft Corp. and Yahoo! Inc. is talking deal again. It cites that Microsoft earlier this year attempted to acquire Yahoo but was rejected, which angers many shareholders. It also cites that the new deal, was prompted by activist billionaire, Carl Icahn's threat to...

  • UPDATE: Google Scuttles Yahoo Deal. Schachter, Ken // Red Herring;11/5/2008, p5 

    The article reports on the decision of Google to terminate its cooperative advertising deal with Yahoo declaring that it would scuttle the deal rather than mount a legal defense in the face of a regulatory challenge. That deal was outlined in June 2008 as Yahoo sought to evade the grasp of...

  • Icahn is rebuffed by Lionsgate. Vlessing, Etan // Hollywood Reporter;3/15/2010, Vol. 413 Issue 39, p13 

    The article reports that the board of directors of Lionsgate have rejected the illegal tender offer by investor Carl Icahn.

  • Yahoo to Voters: Wipe Out Icahn's Slate. Schachter, Ken // Red Herring;6/26/2008, p7 

    The article reports on the action taken by Yahoo to oppose the proxy challenge of billionaire Carl Icahn. In a letter sent by Yahoo to shareholders, Chairman Roy Bostock and Chief Executive Jerry Yang argued that after Yahoo rejected Microsoft's proposal to buy its search business and forged a...

  • Yahoo to Shareholders: Repel Icahn. Schachter, Ken // Red Herring;6/9/2008, p3 

    The article reports on the call by Yahoo on shareholders to repulse the challenge of Carl Icahn and his dissident proxy slate, arguing that the activist investor's strategy rests solely on the hope that Microsoft will acquire the company. According to the company's open letter, Icahn and his...

  • Microsoft Ready to Deal--With Icahn. Schachter, Ken // Red Herring;7/7/2008, p1 

    The article reports that Microsoft is willing to make a deal with Yahoo if its shareholders can unseat its board of directors. The company revealed that it has negotiated with billionaire investor Carl Icahn. The firm notes that it cannot reach a deal with Yahoo's current management and board...


Read the Article


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

Try another library?
Sign out of this library

Other Topics