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Microsoft steps up battle over Yahoo board

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Fleshdancer Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jul-08-08 10:09 AM
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Microsoft steps up battle over Yahoo board
This sounds so damn petty and predatory to me. I don't understand putting in so much time, effort and $$ to buy a company that doesn't want to be bought out. On a separate but somewhat related note, I was once told that Microsoft, Yahoo, and Google own something like 2/3rds of the servers in the world. Perhaps I'm overly paranoid (it's been known to happen) but I'm not comfortable with Microsoft taking over Yahoo's portion of that.

I would love to get some in-depth DU opinion on this...

http://www.ft.com/cms/s/0/4573314a-4c37-11dd-96bb-000077b07658.html

Microsoft set the stage for a full-blown battle to overthrow Yahoo’s board of directors on Monday when it declared it was interested in reopening talks to buy all or part of the internet company – but only if a new board was appointed first.

The intervention, less than a month before Yahoo’s annual meeting, gives backing to the flagging efforts of activist investor Carl Icahn to unseat Jerry Yang, Yahoo’s chief executive, and the rest of the board that failed to reach agreement on Microsoft’s earlier takeover offer.

After that, Microsoft had left open a proposal of its own to acquire Yahoo’s search business, although it had also said it was no longer interested in buying the whole company.
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