Deal Faces Poison Pill, Regulatory Hurdles

Schachter, Ken
February 2008
Red Herring;2/1/2008, p4
Trade Publication
The article focuses on a research note released by Bank of America Securities analyst Brian Pitz which warned that Microsoft's unsolicited bid for Yahoo is far from a done deal. Pitz believes that the European Union regulators could cite "potential non-search influence" in trying to block the acquisition. Pitz also highlighted the fact that Yahoo has a "poison pill" in place to block a deal if the board feels Microsoft's $44.6 billion offer is too low. Pitz outlines the factors that are pressuring Microsoft to consummate a deal.


Related Articles

  • Yahoo Spits Out 'Poison Pill'. Schachter, Ken // Red Herring;12/11/2008, p4 

    The article reports on the decision of Yahoo to revise its poison pill to make the company a more tempting target for acquisition by Microsoft Corp. The poison pill, put in place during the heat of Microsoft's $44.6 billion takeover attempt in February, boosted severance payments to Yahoo...

  • Untitled. Quicke, Simon // MicroScope;2/11/2008, p18 

    The article presents the views of some analysts on the decision of Microsoft to acquire Yahoo. The bid of $44.6 billion indicated how much Microsoft felt it has to pay to claw back the advantage lost to rival Internet and mobile applications provider Google. The reaction from analysts was to...

  • Microsoft Bids $44.6 billion for Yahoo.  // Red Herring;2/1/2008, p6 

    The article reports on the unsolicited offer made by Microsoft to acquire Yahoo Inc. Microsoft has offered $44.6 billion in cash and stock to buy Yahoo. Microsoft offered $31 per share for Yahoo, or a 62 percent premium over the Internet media company's closing stock price on Nasdaq. Brendan...

  • A Fresh Look at Poison Pills. Helman, Robert A.; Junewicz, James J. // Business Lawyer;May87, Vol. 42 Issue 3, p771 

    Focuses on the adoption of poison pill plans to protect minority shareholders from inadequate takeovers in the United States. Authority of the board of directors of a company to negotiate with potential acquirers; Approval of the plans.

  • The battle lines on chewable pills. Sikora, Martin // Mergers & Acquisitions: The Dealermaker's Journal;Sep/Oct99, Vol. 34 Issue 2, p11 

    Focuses on the variation of the shareholder rights plan called the chewable poison pill in the United States. Criticisms against the pill; Role of investor Guy Wyser-Pratte and the State of Wisconsin Investment Board on the proposition of the pill; Overview on the chewable pill.

  • Poison pills increased by 10 percent in 1990.  // Corporate Board;Mar/Apr91, Vol. 12 Issue 67, p25 

    Reports on the rise in the number of United States corporations that have adopted poison pills to deter takeovers between 1989 and 1990. Election of directors; Adoption of other types of defensive measures.

  • But what will governments say? Teinowitz, Ira // Advertising Age;2/4/2008, Vol. 79 Issue 5, p40 

    This article focuses on possible U.S. governmental regulations that would be legislated if Yahoo and Microsoft were to reach a deal. Senator Herb Kohl, chairman of the Senate Judiciary Committee's antitrust panel, announced that hearings would be held if Yahoo approves of a deal. Microsoft's...

  • SEARCH ENGINE WEBSITES. Burmaster, Alex // Media Week;2/19/2008, Issue 1150, p15 

    The article focuses on the idea of a Yahoo and Microsoft merger in an attempt to challenge Google's Internet domination. Statistics show that Google is the most visited website, with 274 million visitors globally, representing 80% of people online. It is followed by Microsoft with 262 million...

  • Microsoft Wants Yahoo for $44.6B. Dickson, Glen // Broadcasting & Cable;2/4/2008, Vol. 138 Issue 5, p27 

    The article reports that the U.S.-based Microsoft Corp. offered to acquire for $44.6 billion the global Internet service company, Yahoo! Inc. The proposed price is to value Yahoo at $31 per share, representing a 62% premium over its $19.18 closing price on January 31, 2008. Microsoft chief...


Read the Article


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

Try another library?
Sign out of this library

Other Topics