It’s all very confusing
Yesterday, Microsoft gave a statement suggesting that a deal could still be on the table. What Redmond called an “alternative transaction” means that Microsoft could buy up parts of Yahoo rather than a full acquisition. Potentially, this could releive Microsoft of the issue surrounding redundancy payments for a large swathe of Yahoo employees.
On the other hand, Yahoo are saying something totally different - all talks have ended. The pioneering internet company has said there will be no further talks around full OR partial acquisition.
Yahoo gave the following statement:
“With respect to an acquisition of Yahoo’s search business alone, that Microsoft had proposed, Yahoo’s board of directors has determined, after careful evaluation, that such a transaction would not be consistent with the company’s view of the converging search and display marketplaces,”
There are bound to be more twists to this tale.
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July 5th, 2008 at 5:49 pm
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July 11th, 2008 at 10:34 am
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