Microsoft Interested in a New Yahoo Board
More news today on the Microsoft and Yahoo front. Supporting Carl Icahn’s desire to get a new board in place at Yahoo, Microsoft says they’d be interested in talking again to Yahoo about a buyout and merger.
Microsoft’s support of Icahn also intensifies the pressure on Yahoo co-founder and Chief Executive Jerry Yang, whose handling of the earlier sales negotiations with Microsoft infuriated many shareholders.
What do you make of this latest development? Personally I think it’s exactly the thing that I expected to happen eventually. Yahoo’s Yang didn’t make any friends with his bold rebuff of Microsoft’s original offer.
There’s the talk of Microsoft only being interested in the search potential, but I think Yahoo has a lot more value to Microsoft than just search. They need to go after everything in a full-blown buyout of the entire company. If they don’t want pieces after they’ve got it they can either kill them or sell them off to others or let them become independent operating units.
Source: Microsoft wants to negotiate with new Yahoo board
Tags: buyout, Carl Icahn, Jerry Yang, Microsoft, Search, Steve Ballmer, Yahoo!Related Stories
POSTED IN: Corporate News, Search, Speculation, Steve Ballmer
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