Yahoo, Microsoft: standby

Via WSJ

The two companies and their advisers have been talking in recent weeks, but achieved no breakthroughs that would lead them to a friendly deal by Saturday, said people familiar with the matter. That’s the day Microsoft Chief Executive Steve Ballmer has set as a deadline for Yahoo to reach a friendly deal before Microsoft goes hostile, threatening to lower the price in that case.

The people familiar with the matter said that, as of late Friday, no meetings between the two companies were planned for the weekend and they were skeptical that any friendly accord could be reached before Monday.

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Aol e Yahoo ci riprovano: Yahoo fa ricerca con Google …

Secondo il WSJ Yahoo Inc. and Time Warner Inc.’s AOL are closing in on a deal to combine their Internet operations, a move aimed at thwarting Microsoft Corp.’s effort to acquire Yahoo, people familiar with the matter said Wednesday. But Microsoft is recrafting its assault plan by talking with Rupert Murdoch’s News Corp., publisher of … Leggi tutto

Yahoo non ci sta a farsi assorbire da Microsoft

 Attraverso il WSJ si apprende che

Yahoo Inc.’s board plans to reject Microsoft Corp.’s unsolicited $44.6 billion offer to acquire the Web giant, a person familiar with the situation says.

After a series of meetings over the past week, Yahoo’s board determined that the $31 per share offer “massively undervalues” Yahoo, the person said. It also doesn’t account for the risks Yahoo would be taking by entering into an agreement that might be overturned by regulators. The board plans to send a letter to Microsoft Monday, spelling out its position.

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Why Murdoch shouldn’t change the WSJ

CNN Money scrive Advertisers may not care that much about “editorial integrity” but they do care about eyeballs. If News Corp. alienates the core readers of the Journal, whom I suspect care more about stocks and bonds and less about politics and celebrity gossip, then Murdoch will have lots of angry News Corp. shareholders to … Leggi tutto