Mergers And Acquisitions News
Impending AOL Split Now Official
8th August 2008
Since the beginning of the year we have heard off and on that AOL’s access and media units are likely to be split. This has now been confirmed by none other than CEO, Jeff Bewkes, while releasing the financial results of the company for the second quarter of the year. The process is expected to start early next year. More »
Google – Digg Deal Called Off
29th July 2008
Only a few days ago, Google was deep in discussions with Digg, regarding a possible acquisition of the site. It is believed that the term sheet stage had already been cleared. However, sometime last week, Google decided not to go ahead with the deal, and Digg was notified accordingly. More »
Yahoo! Actions Not In The Best Interest Of Shareholders
4th June 2008
The executives at Yahoo Inc. obviously believe in the saying ‘there are no permanent friends and no permanent enemies.’
It is well known that Yahoo! ran tests with arch rivals Google, to show AdWords advertising on Yahoo! Search. What is not so well known, however, is their opinion on the same subject. More »
Microsoft Reopens Talks With Yahoo!
20th May 2008
On Sunday 18 May 2008, two weeks after withdrawal of its offer to Yahoo!, Microsoft has issued a statement, regarding its continued efforts to improve their online services and advertising business. More »
CBS + CNet, IAC + Lexico and Comcast + Plaxo
19th May 2008
In a coincidence of sorts, 3 different mergers were announced around the same time last week. The popular U.S. based broadcasting company CBS will buy web publisher CNET networks for $1.8 billion. IAC, owners of Ask.com will buy Lexico for $100 million in cash and Comcast will buy Plaxo. More »
Microsoft Withdraws Yahoo! Offer
6th May 2008
In a sudden turn of events Microsoft has decided to withdraw the offer they made to takeover Yahoo! After over 3 months of fruitless discussions, and even threats of a hostile takeover bid, the head honchos at Microsoft have concluded that it does not make economic sense to raise their bid beyond the final offer of $33 per share or nearly $46.5 billion. More »
What Will Happen To The Microsoft-Yahoo! Acquisition?
25th April 2008
Yahoo! released their much awaited financial results for the first quarter of the year. While the result is not spectacular, it is better than predicted by some analysts. Some think it could be good enough to keep Microsoft at arm’s length for a while. The Street seems to disagree. More »
Acts Of Desperation: Potential Google – Yahoo! Deal
18th April 2008
The Wall Street Journal reported yesterday that Yahoo! and Google are in talks to moved a step further, with regards to their search advertising deal. The 2-week test where Yahoo! Search results showed Google AdSense ads is supposedly looking so encouraging that both companies are already talking about extending the deal. More »
Microsoft – Yahoo! Battle Gets Heated And Complicated
14th April 2008
This was never going to be a straightforward acquisition and we all knew that. However, Microsoft’s bid to acquire Yahoo! has just turned more complicated with a whole new set of competing factions coming out of the woodwork. Google, AOL , News Corp. and Time Warner have all re-emerged as significant players. More »
AOL Buys Social Network Bebo For GBP 420 Million
14th March 2008
AOL has announced that it will acquire Bebo, the UK-based social media network, for £422 million in cash. Randy Falco, CEO of AOL, announced this in an email to all AOL employees on 13th March 2008. More »
Yahoo! Courts AOL In Bid To Make Microsoft Jealous
12th February 2008
The board of directors at Yahoo, have not taken very kindly to Microsoft’s unsolicited takeover bid of $45 billion or approximately $31 per share, which they feel is too low. In an attempt to shield themselves from Microsoft, Yahoo! executives have reportedly revived merger talks with AOL Times Warner. More »
Microsoft Bids USD 44.6 Billion To Acquire Yahoo!
1st February 2008
TechCrunch report that Microsoft has made an official bid to acquire Yahoo! The offer of $44.6 Billion values Yahoo! at $31 per share, a 62% premium on Thursday closing price. More »
Microsoft Bid to Acquire Fast Search and Transfer
9th January 2008
It looks as though Microsoft is bent on proving at least some of Steve Ballmer’s predictions for the future to be true. They have recently made an offer to buy Norwegian company Fast Search and Transfer. More »
New Rumours Surface – Microsoft Might Buy Yahoo!
16th November 2007
Kevin Johnson, President of Platforms and Services Division at Microsoft, leads over 12,000 employees responsible for product development, marketing and strategy for the Windows and Online Services businesses. At the UBS Investor Conference in Seattle on Thursday, Kevin outlined Microsoft’s ambition to grow their online search business to 30 percent. More »
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