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[INQ] MS/Icahn Move to Replace Yahoo's Board

post #1 of 23
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http://www.theinquirer.net/gb/inquir...eam-oust-yahoo

Quote:
CORPORATE RAIDER Carl Icahn and convicted monopolist Microsoft have asked Yahoo shareholders to vote out Yahoo's board and install Icahn's proposed slate of replacements.

Icahn said in a statement released early Monday, "Steve [Ballmer] made it clear to me that if a new board were elected, he would be interested in discussing 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."

Vole confirmed Icahn's statement practically word for word. In early morning trading, Yahoo shares rose 9.37 per cent to $23.35 on the news. µ
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post #2 of 23
"Yahoo vs Microsoft" round 2
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post #3 of 23
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Good bye Yahoo.
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post #4 of 23
There needs to be a .crap domain for The Inquirer, Kotaku, and Fudzilla. Other sites are asking to be placed in that domain with their speculative articles, but those three are the worst with their lack of quality and the obvious fact that they do more harm than good.

I highly doubt this is true if only for the fact that Microsoft would be begging for government intervention, and that's the last thing they need.
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post #5 of 23
Indeed. Microsoft goes after Yahoo once again.

http://news.yahoo.com/s/cnet/2008070...10784399844667
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post #6 of 23
Quote:
Originally Posted by stargate125645 View Post
There needs to be a .crap domain for The Inquirer, Kotaku, and Fudzilla. Other sites are asking to be placed in that domain with their speculative articles, but those three are the worst with their lack of quality and the obvious fact that they do more harm than good.

I highly doubt this is true if only for the fact that Microsoft would be begging for government intervention, and that's the last thing they need.
^ What he said.

PS: Oh, and "convicted monopolist Microsoft"? Can you say "intentionally inflammatory"?
    
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post #7 of 23
Quote:
Originally Posted by Furai View Post
Indeed. Microsoft goes after Yahoo once again.

http://news.yahoo.com/s/cnet/2008070...10784399844667
Microsoft has been trying to do that for quite some time. The fact that Inquirer makes it sound secretive is exactly why they need a .crap domain in which to publish their garbage.
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post #8 of 23
Thread Starter 
Quote:
Originally Posted by stargate125645 View Post
Microsoft has been trying to do that for quite some time. The fact that Inquirer makes it sound secretive is exactly why they need a .crap domain in which to publish their garbage.
Ahhh.... No.

MS was first trying to buy out Yahoo. Yahoo said no.
Carl Icahn saw the opportunity and purchased into Yahoo. He expressed his displeasure.
Yahoo stated they had plans to improve to the investors and went looking for a white knight.
TODAY, Carl and MS announced their hostile takeover move to replace the Board. It's time to let loose the Murder and Acquisitions lawyers.... errr... Merger and Acquisitions (M&A).

http://news.cnet.com/8301-10784_3-99...g=2547-1_3-0-5


MS and Carl's intentions were not secret. However, their timing and method was. Note that CNET reported this first and I doubt you would consider them garbage. In addition, Yahoo's value jump 9% this morning due to this move.
Edited by DuckieHo - 7/7/08 at 1:07pm
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post #9 of 23
Quote:
Originally Posted by DuckieHo View Post
Ahhh.... No.

MS was first trying to buy out Yahoo. Yahoo said no.
Carl Icahn saw the opportunity and purchased into Yahoo. He expressed his displeasure.
TODAY, Carl and MS announced their hostile takeover move to replace the Board.

http://news.cnet.com/8301-10784_3-99...g=2547-1_3-0-5


MS and Carl's intentions were not secret. However, their timing and method was. Note that CNET reported this first and I doubt you would consider them garbage. In addition, Yahoo's value jump 9% this morning due to this move.
Ay yes. The hostile takeover intentions were surmised a long, long time ago, after Yahoo's initial denial of the partnership.
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post #10 of 23
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Quote:
Originally Posted by stargate125645 View Post
Ay yes. The hostile takeover intentions were surmised a long, long time ago, after Yahoo's initial denial of the partnership.
It did not have to become a hostile takeover. In addition, timing and method was not completely known. You were complaining that INQ was reporting this? So are major news oulets....

Note the jump in price.... Stock price is the aggregate of knowledge worth of a company.
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