Skip to: Content
Skip to: Site Navigation
Skip to: Search

December 3, 2008 2:11:10 AM CST

Learn about Newser Points »

« Back to the grid | Next story »

Microsoft Boosts Offer, Launches Talks With Yahoo

Posted May 2, 08 3:34 PM CDT in Business 

(Newser) – Microsoft and Yahoo are holding active merger talks, with Microsoft willing to increase its offer “by several dollars,” sources tell the New York Times. The negotiations come as a major breakthrough after months of stalemate; Yahoo shareholders have been fielding calls from both sides seeking to arrive at an acceptable price. Shareholders had sought  $35-$37 a share; Microsoft is said to be willing to go as high as $33.

Source New York Times

0 comments | Print E-mail | Digg Seed this on Newsvine Add this link to Del.icio.us StumbleUpon

Related Newser Stories

  • Ex-AOL Chief Seeks Funds to Buy Yahoo

    Dec 2, 08 2:08 PM CST
    Ex-AOL Chief Seeks Funds to Buy Yahoo After months of advising both Microsoft and Yahoo on a failed deal, former AOL chief Jonathan Miller is trying to put together a bid for Yahoo himself. The venture capitalist is asking private investors to help him amass the $30 billion needed to acquire the struggling, $10-a-share search engine group, down $20 since February, reports the Wall Street Journal.
    More »

  • $20B Yahoo Search Deal 'Total Fiction': Exec

    Nov 30, 08 8:03 PM CST
    $20B Yahoo Search Deal 'Total Fiction': Exec A report that Microsoft will buy Yahoo's search business and give two Internet execs a 30% share is "total fiction," one of the execs tells Kara Swisher at AllThingsDigital. Swisher agrees that the $20 billion deal, reported by the London Times, is likely non-existent. After all, board member Carl Icahn would know about it—and his recent purchase of nearly seven million Yahoo shares "would smack of insider trading" if the purchase went through.
    More »

  • Ballmer Quashes Yahoo Bid Rumors; Open to Partnership

    Nov 19, 08 12:42 PM CST
    Ballmer Quashes Yahoo Bid Rumors; Open to Partnership Steve Ballmer quashed the rumor that Microsoft would make another offer to buy Yahoo now that Jerry Yang has quit as CEO, CNET reports. “We are done with all acquisition discussions with Yahoo,” the chief executive said today. “We did our best; we’ve moved on.” More »

  • For Yahoo, Question Is: Who's Yang's Yin?

    Nov 19, 08 9:52 AM CST
    For Yahoo, Question Is: Who's Yang's Yin? Yahoo’s successor to CEO Jerry Yang could come from outside the Internet industry, as long as he has a strong operations background and the decisiveness to break the company’s culture of indecision, reports the Wall Street Journal. But even before hiring a CEO, the company needs to decide whether it wants to remain independent or go with a partner, reports the New York Times.
    More »

  • Yang's Departure Gives Microsoft New Opening

    Nov 18, 08 9:54 AM CST
    Yang's Departure Gives Microsoft New Opening Investors are hoping Jerry Yang’s departure will lead to renewed talks with Microsoft, BusinessWeek reports. “This is probably the beginning of the end for Yahoo,” said one. “Microsoft will probably come back with an offer.” Microsoft has repeatedly denied interest in reviving a deal, but Yang’s departure “clears the path,” one analyst said. “Yahoo can free up its strategic alternatives.” More »

Exterior view of Yahoo headquarters.   (AP Photo/Paul Sakuma)
icrosoft CEO Steve Ballmer smiles.   (AP Photo)
Bill Gates, chairman, Microsoft Corp. speaks at the University of Washington in the last stop in the Bill Gates Unplugged tour in Seattle, Friday, April 25, 2008.   (AP Photo/John Froschauer)
« Prev« Prev | Next »Next » Slideshow
Our editors also recommend:

Threads (
1
 of 2)

Tags

Microsoft • Yahoo • mergers and acquisitions • negotiations


Loading...

Premium Articles from HighBeam

Find more articles like this

Today's Most Popular

Loading...

Other Business Stories

What is Newser?

2008 Codie Finalist

Face it: there's too much news. At Newser a team of editors and writers culls the most important stories from hundreds of U.S. and international sources and reduces them to a headline, picture, and two paragraphs. It's the Newser guarantee: we can take any report or column or video and pack what you need to know into 120 words or less. Newser's short-form aggregation, visual format, and unique information tools help you get more of the kind of news you want, in a quicker and more entertaining way. And we do it 24/7—you can come back morning, noon, night (and in between) for something new that matters. Read less, know more.

Learn more »