You are not registered yet. Please click here to register!
[] Microsoft Would Reopen Yahoo Talks with New Yahoo Board - - different look at memory


Thread Tools
Old 08-07-2008, 04:42 AM   #1
News Hound
News's PC Specs
Join Date: May 19 2008
Posts: 51,167
[] Microsoft Would Reopen Yahoo Talks with New Yahoo Board

Microsoft said on Monday that it was willing to reopen talks on a "major transaction" with Yahoo if the Internet giant replaces its board of directors. Microsoft confirmed comments from corporate raider Carl Icahn about talks that could lead to a new takeover bid if Yahoo replaces its board of directors next month.

"We confirm ... that after the shareholder election Microsoft would be interested in discussing with a new board a major transaction with Yahoo, such as either a transaction to purchase the 'Search' function with large financial guarantees or, in the alternative, purchasing the whole company," Microsoft said in a statement. The software giant said "it would be premature to discuss at this time important details such as the price or other terms of a possible transaction." They added: "We respect the right of Yahoo's shareholders to determine the destiny of their company, and we do not intend to engage in ongoing commentary on these issues in advance of Yahoo's shareholder meeting."

Some reports said Yahoo is seeking other alliances to fend of a bid from Microsoft, including a tie-up with AOL, a unit of Time Warner.

Source: AFP

News is offline   Reply With Quote


board, microsoft, reopen, talks, techpowerupcom, yahoo

Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
Thread Tools

Similar Threads for: [] Microsoft Would Reopen Yahoo Talks with New Yahoo Board
Thread Thread Starter Forum Replies Last Post
[] Bruce Claflin Appointed AMD Chairman of the Board News Reviews & News Online 0 03-03-2009 06:51 PM
[] Microsoft Introduces Online Store for the U.S. News Reviews & News Online 0 15-11-2008 02:40 AM
[] Microsoft Merger Rumor Prompts Yahoo Trading News Reviews & News Online 0 25-06-2008 12:26 PM
[] Microsoft Reportedly Recruiting Engineers Away from Yahoo News Reviews & News Online 0 25-06-2008 08:15 AM
[] (PR) Microsoft Considering Working with Yahoo! Once Again, Issues a News Reviews & News Online 0 19-05-2008 10:10 PM

All times are GMT +11. The time now is 04:51 PM.

no new posts