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Microsoft cops to talking with Icahn on Yahoo
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| Dispensing with its previous above-the-fray posture, Microsoft has
| admitted -conspiring with- talking to activist Yahoo shareholder Carl Icahn,
| who is trying to oust the Internet company's board and Chief Executive Jerry
| Yang for failing to sell out to the software giant.
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http://latimesblogs.latimes.com/technology/2008/06/microsoft-talki.html
Like a mafia...
The Real Reason Why Yahoo!’s Board Rejected Microsoft?
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| For more of the nasty details of this fight, and the details are
| illuminating, see my blog “Why Icahn Now Wants to Boot Yahoo!’s Jerry Yang.”
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http://emac.blogs.foxbusiness.com/2008/06/06/the-real-reason-why-yahoos-board-rejected-microsoft/
Yahoo shareholders push for trial before meeting
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| In its own filing, the shareholders suing Yahoo say the chairman of its
| compensation committee is due to be deposed Friday, while another outside
| director also has been served notice for deposition. Microsoft also has been
| served with related subpoenas, the plaintiffs say, and "will shortly provide
| a date for its deposition."
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http://www.marketwatch.com/news/story/yahoo-shareholders-push-trial-before/story.aspx?guid=%7BA78C3774-DE9D-4810-9639-F0874473BE58%7D&dist=msr_1
http://tinyurl.com/676ny9
Recent:
Yahoo: Icahn “Manipulates The Facts”
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| The company also says it is “patently untrue” that the company turned down an
| offer of $40 a share from Microsoft and sabotaged the later offer of $33. The
| letter contends that Yahoo’s board “has at all times been focused on
| maximizing shareholder value.”
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http://blogs.barrons.com/techtraderdaily/2008/06/05/yahoo-ichan-manipulates-the-facts/?mod=googlenews_barrons
http://tinyurl.com/64nvv5
Is Microsoft Aura Fading?
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| Yesterday's early relief rally reversed, and Microsoft's value has now fallen
| by more than $30 billion since it unveiled its bid for Yahoo on February 1.
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http://online.wsj.com/article/SB121004447596669953.html?mod=googlenews_wsj
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