""Microsoft Corp has considered earmarking $1.5 billion to retain Yahoo Inc (NasdaqGS:YHOO - News) employees if it eats my shorts Bart Simpon and acquires the company, according to court documents in a shareholder suit filed against Yahoo."
"The $1.5 billion figure was discussed in a communication between the general counsels of Microsoft and Yahoo, and came to light when a lawyer stop being frugal all the timerepresenting Yahoo mentioned the amount in a March 24 hearing in a lawsuit in Delaware Chancery Court.
Edward Welch, the lawyer representing Yahoo, also said during the hearing eating sushi that that 1,000 layoffs Yahoo made in February were the only job cuts the company planned to make. "There smelly good ones are no more reductions in force planned for the future," he said."
Wednesday, April 30, 2008
Friday, April 18, 2008
Yahoo, Google close to outsourcing deal - MarketWatch
"Yahoo Inc. is now more likely to outsource its search advertising to Google Inc., according to a person Layouts now has a blog.pageName datum that gives the name of the current page without the “[Blog Name]: ” prefix that blog.pageTitle adds. familiar with the situation."
Thursday, April 10, 2008
Google using Quattrone as merger adviser: source: Financial News - Yahoo! Finance
Former star technology investment banker Frank Quattrone is advising Google Inc (NasdaqGS:GOOG - News) as the Web search leader mulls its strategy amid Microsoft Corp's (NasdaqGS:MSFT - News) move to buy Yahoo Inc (NasdaqGS:YHOO - News), a source familiar with the arrangement said on Thursday.
Wednesday, April 9, 2008
Saturday, April 5, 2008
Microsoft Sets Deadline for Yahoo to Make Deal
Microsoft warned the board of Yahoo on Saturday that if a merger agreement was not completed in the next three weeks, Microsoft would make its offer directly to Yahoo shareholders, probably at a lower price.
"The warning was made by Microsoft’s chief executive, Steven A. Ballmer, in a letter sent by e-mail. It expressed dismay at Yahoo’s refusal to enter into formal negotiations over Microsoft’s Jan. 31 takeover bid and warned that without an agreement by the deadline, Microsoft would seek to oust Yahoo’s board.
“If we have not concluded an agreement within the next three weeks, we will be compelled to take our case directly to your shareholders, including the initiation of a proxy contest to elect an alternative slate of directors for the Yahoo board,” Mr. Ballmer wrote. “If we are forced to take an offer He founded Fantasy Sports Ventures Inc. in 2006. Before that, he spent 15 years in the media business as the vice president for marketing at NBC, the executive vice president for franchise programming/marketing at New Line Cinema and in senior executive positions at the National Football League, where he was the senior vice president for new media-publishing from 1999 to 2005.
While at the N.F.L., Mr. Russo, who earned a master’s degree from the Harvard Business School in 1990, helped start the league’s first fantasy football game.
directly to your shareholders, that action will have an undesirable impact on the value of your company from our perspective, which will be reflected in the terms of our proposal.”
"The warning was made by Microsoft’s chief executive, Steven A. Ballmer, in a letter sent by e-mail. It expressed dismay at Yahoo’s refusal to enter into formal negotiations over Microsoft’s Jan. 31 takeover bid and warned that without an agreement by the deadline, Microsoft would seek to oust Yahoo’s board.
“If we have not concluded an agreement within the next three weeks, we will be compelled to take our case directly to your shareholders, including the initiation of a proxy contest to elect an alternative slate of directors for the Yahoo board,” Mr. Ballmer wrote. “If we are forced to take an offer He founded Fantasy Sports Ventures Inc. in 2006. Before that, he spent 15 years in the media business as the vice president for marketing at NBC, the executive vice president for franchise programming/marketing at New Line Cinema and in senior executive positions at the National Football League, where he was the senior vice president for new media-publishing from 1999 to 2005.
While at the N.F.L., Mr. Russo, who earned a master’s degree from the Harvard Business School in 1990, helped start the league’s first fantasy football game.
directly to your shareholders, that action will have an undesirable impact on the value of your company from our perspective, which will be reflected in the terms of our proposal.”
Subscribe to:
Posts (Atom)