Yahoo is seeking to restart merger talks with AOL: report
,----[ Quote ]
| The report said tie-ups with Google and Disney also are being explored. The
| report said "it is understood" that the board will not even consider starting
| talks with Microsoft unless the suitor group offers at least $12 billion
| more, representing a share price value of more than $40.
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http://www.marketwatch.com/News/Story/Story.aspx?guid=%7bFCE1E582-9291-4CB2-9A88-DE8D455E5E18%7d&siteid=yhoo&dist=yhoo
Deals of the day -- mergers and acquisitions
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| Yahoo (YHOO.O: Quote, Profile, Research) is seeking to restart merger talks
| with AOL (TWX.N: Quote, Profile, Research) as a means of defending itself
| against an unsolicited bid approach from Microsoft (MSFT.O: Quote, Profile,
| Research), the Times newspaper said.
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http://www.reuters.com/article/marketsNews/idESBNG5402620080211?rpc=44
Yahoo shares edge up on bid-rejection reports
,----[ Quote ]
| Yahoo Inc. shares edged higher in pre-open action on Monday, as some traders
| hoped that Microsoft Corp. may come back up with a better offer following
| numerous reports that the Internet search giant has turned down the $44.6
| billion buyout offer.
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http://www.marketwatch.com/news/story/yahoo-shares-edge-up-reports/story.aspx?guid=%7B6A27BCD5%2D597C%2D48FF%2DA85D%2D6E0414C44648%7D&siteid=yhoof
This is fun! Microsoft is fighting for long-term survival while reaching out
for *loans* and filing software patents in case it becomes SCO.
Office Live has just had some changes announced (PR), primarily and notably the
addition of free features, which indicate Microsoft is still trying to move
towards the Web, _even when it comes to cash cows_. It is cannibalising the
biggest and one of the few cash cows in a struggling company with many failing
divisions (see below).
Related:
Raikes Steps Aside
,----[ Quote ]
| Microsoft is shuffling its executive ranks, with today's surprise
| announcement that Jeff Raikes, president of the Business division, will leave
| the company. Uh-oh. He's not the only executive on the way out the door.
|
| Raikes departure will have huge impact on Microsoft as it completes its 2008
| fiscal year on June 30. His division is one of two responsible for nearly all
| ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^
| Microsoft's profits.
| ^^^^^^^^^^^^^^^^^^^
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http://www.microsoft-watch.com/content/corporate/raikes_steps_aside.html?kc=MWRSS02129TX1K0000535
http://tinyurl.com/34mq2a
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