Posts Tagged with ‘buyout’

Twitter and tech news sites lit up like a Christmas tree with the news that Microsoft was pulling their bid for Yahoo. Game over. Money's off the table, Jerry.
And while MG Sigler thinks that there will be fallout for Ballmer , I think Ballmer made the right decision, and one I wish he'd done even earlier. Yahoo has spent its time since the bid grasping at straws to try to increase its possible valuation. The deal with Google for [...]

Holding out for more money, Yahoo's board of directors has officially rejected Microsoft's $44 Billion USD Bid for the struggling company. The board stated that the bid didn't put enough value on their company, in spite of its recent financial struggles.
The rejection by the board comes shortly after their shareholders launched a lawsuit for a previous rejection of a Microsoft offer. The shareholders felt then that the board was not acting in the shareholders' best interests. With this [...]

Being a passionate music fan, I pretty much lap up any industry news that’s devoid of keywords like “bling”, “pop princess”, “Beyonce”. You know, you gotta have the firewall up at least a bit. But there are those moments when there are things going on which have little or nothing to do with the audio, and everything to do with the audio, all at the same time. Such is the case with the news of AOL Music’s purchase by Napster. [...]