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Yahoo Rejects Microsoft Icahn Search Proposal: related news
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icahn microsoft proposal rejects search yahoo
TEL AVIV (MarketWatch) -- Yahoo Inc. said late on Saturday that it rejected a restructuring proposal from Microsoft Corp. and the investor Carl Icahn, and the Sunnyvale, Calif., Internet-services giant called on Microsoft to bid for the whole company. Yahoo said the Microsoft-Icahn plan, which it said would turn Yahoo's search business over to the Redmond, Wash., software giant and the rest over to the New York investor, was presented as a take-it-or-leave it proposition. "This odd and opportunistic alliance of Microsoft and Carl Icahn has anything but the interests of Yahoo's stockholders in mind," Yahoo Chairman Roy Bostock said in a statement. Yahoo said that while it rejected the restructuring, it offered two alternatives: "It repeated its offer to sell the entire company to Microsoft for at least" $33 a share, and it "offered to nego
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via MarketWatch @ 7:21 13th Jul
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Microsoft dropped bid for all of Yahoo! on 8 June and launched a bid of USD 1 billion for Yahoo!'s search business and a share of future search advertising revenue. This proposal also included an USD billion investment in Yahoo! but required Yahoo! to commit to a 10-year exclusive arrangement, according to a letter sent to Yahoo! stockholders by CEO Jerry Yang and Chairman Roy Bostock. The letter explains the reasons for Yahoo! to sign a four year non-exclusive deal with Google for online advertising services and to end the talks with Microsoft, as their search-only hybrid proposal may have been helpful to Microsoft. The board and its advisers also carefully studied the financial impact of Microsoft's proposal and concluded that it would have provided no meaningful improvement to the operating cash flow.
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via Telecom.paper @ 6:07 28th Jun
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SUNNYVALE, Calif., BUSINESS WIRE -- Yahoo! Inc. (Nasdaq:YHOO), a leading global Internet company, confirmed today that it has rejected a joint proposal from Microsoft Corporation and Carl Icahn for a complex restructuring of Yahoo! that would include the acquisition of Yahoo!'s search business by Microsoft. The proposal was made on Friday evening and Yahoo! was given less than 24 hours to accept the proposal, the fundamental .....
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via Tutorial Finder @ 10:16 13th Jul
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Last night Yahoo rejected another offer for its search business from Microsoft and investor Carl Icahn. The proposal also included conditions that would have required the replacement of Yahoo's top management and board of directors. This is not the first time Icahn has pushed for such a measure. Quoting: "Yahoo said in rejecting the offer it told Microsoft it was willing to sell the entire company for at least $33 a share and its board believed such a deal could be negotiated and executed before its annual shareholders meeting on August 1. Yahoo said it also informed the software giant it remained willing to negotiate an 'improved search only transaction.' Microsoft, however, rejected both offers, Yahoo stated."
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via Slashdot @ 8:16 14th Jul
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Yahoo rejected another offer for acquisition of its search business. This time it was a joint proposal from Microsoft Corporation and investor Carl Icahn to acquire Yahoo’s search business in return for cash, a partial stock buyout and revenue guarantees. There was also an addition requirement for the complete replacement of the Yahoo board and executive management team. Yahoo was urged to respond within 24 hours and it was made clear that negotiations were not acceptable.
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via Promotion World @ 21:34 14th Jul
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Yahoo! Inc., has confirmed that it has rejected a joint proposal from Microsoft Corp. and Carl Icahn for a complex restructuring of Yahoo! that would include the acquisition of Yahoo!'s search business by Microsoft.
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via Midrange Computing @ 3:05 15th Jul
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Yahoo! Inc. (Nasdaq:YHOO), a leading global Internet company, confirmed today that it has rejected a joint proposal from Microsoft Corporation and Carl Icahn for a complex restructuring of Yahoo! that would include the acquisition of Yahoo!'s search business by Microsoft.
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via Red Orbit @ 10:15 13th Jul
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Yahoo! Inc. (Nasdaq:YHOO), a leading global Internet company, confirmed today that it has rejected a joint proposal from Microsoft Corporation and Carl Icahn for a complex restructuring of Yahoo! that would include the acquisition of Yahoo!’s search business by Microsoft.
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via TechWhack @ 10:15 13th Jul
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SUNNYVALE, Calif., BUSINESS WIRE -- Yahoo! Inc. (Nasdaq:YHOO), a leading global Internet company, confirmed today that it has rejected a joint proposal from Microsoft Corporation and Carl Icahn for a complex restructuring of Yahoo! that would include the acquisition of Yahoo!'s search business by Microsoft.
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via DMN Newswire @ 18:38 13th Jul
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SUNNYVALE, Calif., BUSINESS WIRE -- Yahoo! Inc. (Nasdaq:YHOO), a leading global Internet company, confirmed today that it has rejected a joint proposal from Microsoft Corporation and Carl Icahn for a complex restructuring of Yahoo! that would include the acquisition of Yahoo!'s search business by Microsoft.
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via Oceania @ 10:10 13th Jul
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SUNNYVALE, Calif., BUSINESS WIRE -- Yahoo! Inc. (Nasdaq:YHOO), a leading global Internet company, confirmed today that it has rejected a joint proposal from Microsoft Corporation and Carl Icahn for a complex restructuring of Yahoo! that would include the acquisition of Yahoo!'s search business by Microsoft.
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via IT Business Net @ 10:11 13th Jul
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SUNNYVALE, Calif., BUSINESS WIRE -- Yahoo! Inc. (Nasdaq:YHOO), a leading global Internet company, confirmed today that it has rejected a joint proposal from Microsoft Corporation and Carl Icahn for a complex restructuring of Yahoo! that would include the acquisition of Yahoo!'s search business by Microsoft.
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via Consumer Electronics Net @ 5:20 13th Jul
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SUNNYVALE, Calif., BUSINESS WIRE -- Yahoo! Inc. (Nasdaq:YHOO), a leading global Internet company, confirmed today that it has rejected a joint proposal from Microsoft Corporation and Carl Icahn for a complex restructuring of Yahoo! that would include the acquisition of Yahoo!'s search business by Microsoft.
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via AEC News Room @ 10:16 13th Jul
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SUNNYVALE, Calif., BUSINESS WIRE -- Yahoo! Inc. (Nasdaq:YHOO), a leading global Internet company, confirmed today that it has rejected a joint proposal from Microsoft Corporation and Carl Icahn for a complex restructuring of Yahoo! that would include the acquisition of Yahoo!'s search business by Microsoft.
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via Consumer Electronics Net @ 10:03 14th Jul
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Yahoo has rejected yet another bid to buy its search operations, this time a combined, take-it-or-leave-it offer from Microsoft and activist investor Carl Icahn. The embattled Internet pioneer said the new bid contained no guarantees that it would be superior to the Google search ad deal signed in early June. And Yahoo repeated its willingness to sell the whole company to Microsoft for the software giant’s last offer of $33 a share, which Microsoft withdrew two months ago and said it doesn’t plan to revisit. (Full text of Yahoo’s statement after the jump.)
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via Business Week @ 19:23 13th Jul
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Yahoo late Saturday revealed that it has rejected a purportedly aggressive joint bid proposed by Microsoft and investor Carl Icahn. The deal would have seen both the Windows developer and Icahn buy Yahoo's search business and significantly restructure Yahoo to potentially improve its remaining businesses, including the replacement of the board of directors with Icahn's own slate and remove the "top management team" at the company, which most observers believe would include Yahoo chief Jerry Yang as well as others known to have opposed any of Microsoft's earlier offers for takeovers and partial buyouts.
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via MacNN @ 7:25 13th Jul
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Yahoo announced Saturday night that it rejected a joint-buyout proposal that Microsoft and investor activist Carl Icahn offered the night before, which called for a "complex restructuring" and sale of Yahoo's search business to Microsoft.
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via CNET News.com @ 10:14 13th Jul
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Yahoo said on Saturday night that it had rejected a renewed proposal by Microsoft â together with the activist investor Carl C. Icahn â to buy the beleaguered Internet company’s search business.
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via New York Times @ 10:15 13th Jul
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Yahoo! has introduced a new open Web services platform, Yahoo! Search BOSS (Build Your Own Search Service), which gives third parties access to Yahoo! Search Technology, including the ability to re-rank and control the presentation of Web search results, the company announced. Yahoo! Search BOSS, available now as an API in beta, enables developers and companies to build world-class custom search experiences and disrupt the search industry, the company said.
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via Midrange Computing @ 6:41 12th Jul
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Yahoo has rejected yet another offer from both Microsoft and Carl Icahn. On Friday, Microsoft offered to buy its search business if CEO Jerry Yang and his board were replaced by Carl Icahn and directors of his choice.
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via Media Buyer Planner @ 22:10 14th Jul
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Yahoo's management on Saturday rejected an offer from Microsoft and investor Carl Icahn to buy Yahoo's Internet search ad business. The offer was initiated on Friday and Yahoo was given just 24 hours to make a decision, according to a press release issued by Yahoo.
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via Redmond Channel Partner @ 5:43 17th Jul
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Yahoo's management on Saturday rejected an offer from Microsoft and investor Carl Icahn to buy Yahoo's Internet search ad business. The offer was initiated on Friday and Yahoo was given just 24 hours to make a decision, according to a press release issued by Yahoo.
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via ENT News @ 9:43 15th Jul
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ruphus13 and other readers alerted us to Yahoo's BOSS, Build your Own Search Service. It gives access to Yahoo's entire databases for Web, image, and news search with no cap on queries per day and no restrictions on mixing Yahoo's search results with others or re-sorting them, and without Yahoo branding visible. From their blog announcement: "As anyone who follows the search industry knows, the barriers to successfully building a high quality, web-scale search engine are incredibly high. Doing so requires hundreds of millions of dollars of investment in engineering, sciences and core infrastructure — from crawling and indexing technology to relevancy and machine learning algorithms, to stuff as mundane as data centers, servers and power. Because competing successfully in web search requires an investment of this scale, new players have
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via Slashdot @ 13:45 11th Jul
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Microsoft Corp.'s proposal Friday to purchase Yahoo Inc.'s search business was actually the idea of Yahoo Chairman Roy Bostock, and Yahoo has publicly "mischaracterized" the discussion surrounding the proposal, Microsoft said Monday.
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via Computerworld @ 21:42 14th Jul
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