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Yahoo turns down Microsoft Icahn search bid: related news

YAHOO SPURNS JOINT MICROSOFT-ICAHN BID TO REVAMP FIRM, ACQUIRE SEARCH BUSINESS

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

Yahoo turns down Microsoft/Icahn search bid

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.

Yahoo Rejects Microsoft-Icahn Search Bid--But Was It a Serious Bid?

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.)

Yahoo Rejects Another Bid From Microsoft, Icahn

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."

Yahoo Rejects Microsoft-Icahn Search Proposal

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.

Yahoo! Opens Up Search Technology Infras...

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.

Yahoo! Rejects Microsoft/Icahn Search and Restructuring Proposal

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 .....

Yahoo rejects joint-bid for search business by Icahn and Microsoft

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.

Yahoo! Rejects Microsoft/Icahn Search and Restructuring Proposal

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.

Yahoo! Rejects Microsoft/Icahn Search and Restructuring Proposal

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.

Yahoo! Rejects Microsoft/Icahn Search and Restructuring Proposal

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.

Yahoo Rejects 'Erratic' Microsoft Search Bid

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.

Yahoo Rejects 'Erratic' Microsoft Search Bid

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.

Yahoo! Rejects Microsoft/Icahn Search and Restructuring Proposal

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.

Yahoo! Rejects Microsoft/Icahn Search and Restructuring Proposal

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.

Yahoo! Rejects Microsoft/Icahn Search and Restructuring Proposal

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.

Yahoo! Rejects Microsoft/Icahn Search and Restructuring Proposal

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.

Yahoo! Rejects Microsoft/Icahn Search and Restructuring Proposal

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.

Yahoo's Build Your Own Search Service

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

Yahoo! Rejects Microsoft/Icahn Search and Restructuring Proposal

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.

Icahn, Yahoo dispute size of Microsoft search offer

Yahoo and investor activist Carl Icahn threw proverbial punches at each other Monday, disputing the validity of the value assessments each put on Microsoft's failed sweetened bid to acquire just the search assets of Yahoo.

Yahoo Rejects 'Erratic' Microsoft Search Bid

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

Yahoo Opens Search Technology

Yahoo has opened its search technology to third-party developers with Yahoo Search BOSS (Build Your Own Search Service). Yahoo expects BOSS to drive innovation and disrupt the search industry as companies build custom search experiences. Yahoo will look for ways to build revenue for itself and its BOSS partners.

Yahoo Says No to Search Buyout, Restructuring Proposal by Microsoft, Icahn

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.

Microsoft-Yahoo turmoil ends up good for Google

While the Microsoft bid to buy Yahoo is long gone, its results seem to be lingering, as both Microsoft and Yahoo have lost search market share to Google since the failed merger was announced nearly 6 months ago. The Hitwise numbers--showing Google with 70.7% market share--just underscore how far both Microsoft and Yahoo (nevermind Cuil) need to go in order to break into Google's search lead. That 70.7% number could be a turning point.


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