Today Silicon Valley blog TechCrunch cited sources who indicated that Microsoft and Yahoo were discussing a full buyout.
It still remains to be seen if in fact discussions are in the works. Yahoo’s stock price bounced as investors heard the rumors that Microsoft is once-again courting the Internet pioneer.
Neither company would comment on what, [...]
Will Microsoft make a new bid for Yahoo? It’s hard to tell. Certainly, not much has changed fundamentally on this deal.
We think that the compelling reasons for this merger are still valid and Microsoft is just playing hardball while watching Yahoo stumble. It may be well deserved. Jerry Yang has particularly poor negotiation skills (he [...]
Yahoo has postponed their annual shareholder meeting, originally set for July 3, until the end of July to give regulators more time to review documents tied to the board election, the company said today in a corporate filing.
The stated motivation for the postponement is questionable. We think it could be:
Jerry Yang stalling for more time [...]
In a brief statement Sunday, Microsoft announced it was proposing a new arrangement with Yahoo that would not be an outright acquisition of the company. Yahoo said late Sunday that its board would give any proposal due consideration. Both companies have declined to elaborate.
Still hoping to jump-start its own Internet ad business, Microsoft has floated [...]
Microsoft Corp., the software maker that said it had moved on after acquisition talks with Yahoo! Inc. failed, revived the possibility that the companies may strike a deal to challenge Google Inc.
Microsoft said yesterday that it is exploring an agreement with Yahoo that stops short of a full acquisition. Redmond, Washington-based Microsoft didn’t elaborate on [...]
$41 billion.
I mean, let’s take a moment and think about this. $41 Billion.
Yahoo sells about $7B, has gross profit of about $4B, and net income of about $0.7B.
Let’s be generous and say they net about $1B today.
This means that Microsoft will be getting a 2.5% return on this investment if things remain the same.
Of course [...]
There’s a general house cleaning going on at Microsoft these days. However, like most corporate purgings, it leaves the biggest problem remaining at the top.
The announcements were part of a broad management reorganization involving seven new senior vice presidents and seven new corporate vice presidents.
We’ve elaborated about the lack of vision and leadership at Microsoft, [...]
Yahoo turned down Microsoft’s unsolicited $44.6 billion takeover bid.
Yahoo deemed the offer inadequate.
Never mind that it is a stupid idea and will ruin both companies while providing no increase in shareholder value.
Never mind that it would put “America’s worst CEO”, Steve Ballmer in charge of the number 2 and 3 internet search companies. Steve doesn’t [...]
I guess when you raise $900 million, you really don’t need to raise another $400 million via IPO.
The New York Times reported that Clearwire has cancelled it’s planned IPO to raise $400 million dollars after the recent investments by Intel and Motorola.
BeyondGenius speculates that companies only invest that much money in another company if they [...]
Reuters reported today that Intel Corp.’s venture capital arm (invested $600 million) and Motorola Ventures, the venture capital unit of Motorola Inc., are participating in a financing round totaling $900 million for Clearwire Corp., a wireless Internet provider founded by telecommunications pioneer Craig McCaw. This is in additon to the announcement in May, where Clearwire [...]
