TITLE

Deal Faces Poison Pill, Regulatory Hurdles

AUTHOR(S)
Schachter, Ken
PUB. DATE
February 2008
SOURCE
Red Herring;2/1/2008, p4
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
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.
ACCESSION #
36876291

 

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