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Today, billionaire investor Carl Icahn sent a letter to the Yahoo! Board of Directors , announcing his intentions to force Yahoo! to work out a deal with Microsoft. He announced a slate of candidates who will be up for election at the annual meeting on July 3, and an aggressive plan to acquire enough...
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Microsoft made a $44.6 billion offer to buy Yahoo! on February 1, 2008, and since then we've been waiting to see what happens next. While nothing officially has been announced, there is speculation that the deal may be nearing its next phase. Yahoo! hasn't come up with a miracle deal to save...
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As Microsoft and Yahoo! continue to entertain us with what is becoming great high theatre, we've been hearing a couple of themes repeated over and over by the bloggers and journalists. First, that this acquisition is some kind of desperate act by Steve Ballmer and Microsoft, a last gasp effort to...
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Today's announcement by Microsoft that it is offering $31/share to purchase Yahoo! outright sees Microsoft doing the right thing at the right time. Why? For a number of reasons, not the least of which being that Microsoft has been planning this for quite some time. The first indication of that, of...