Entries tagged "Microsoft Corp"
The last formal statements on Microsoft Corp.'s bid for Yahoo! Inc. were at the Microsoft shareholder meeting on Friday by CFO Chris Liddell: Unfortunately, the transaction has been anything but speedy, and has been characterized by what would appear to be unrealistic expectations of value. Our initial offer was extremely generous, more than 100 percent premium of the Yahoo core business. Our view on value is shaped by the long-term value of the company, and we intend to remain disciplined in our approach. The strongest argument that I've heard on why we should increase our bid, simply that we can...
The week started strong with deals in the drug industry, financial sector and some movement in the Microsoft Corp.-Yahoo! Inc. proposed transaction. Markets responded positively to the deal activity, increasing 84.75, or 0.67%, to 12,693.60 in Monday midday trading, and the Nasdaq inched up 13.66, or 0.58%, to 2384.64. Here's a closer look at the performance of stocks involved in deals: ...
Here are some more of Friday's news and rumors.TechCrunch is gathering names of people who may join Microsoft Corp.'s board after the close of a proposed Yahoo Inc. acquisition. Bear Stearn Cos. James Cayne turns to religion. Silicon Alley InsiderWhat's happening with ContentNext Media Inc., the company that owns the blog www.paidContent.org? The DealHarvard hires first woman to manage its $35 billion endowment. By the way, she's a Yale graduate, too. The Huffington PostA video message for the kids at Bear Stearns. Blogging Stocks- Maria Woehr...