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Yahoo rejects Microsoft, Icahn bid to split company

Juha-Matti Laurio [PersonRank 10]

Sunday, July 13, 2008
16 years ago2,619 views

Yahoo! – MS weekend news:
http://www.bloomberg.com/apps/news?pid=20601103&sid=acUeIqbjE4rY&refer=news

drtimofey [PersonRank 10]

16 years ago #

Good choice, Yahoo. I would of though sell the company back then for 44.6 bil.

Juha-Matti Laurio [PersonRank 10]

16 years ago #

Interesting movements:

"Microsoft's proposal made Friday to purchase Yahoo's search business was actually the idea of Yahoo Chairman Roy Bostock, and Yahoo has publicly "mischaracterized" the discussion surrounding the proposal, Microsoft said Monday.

In a statement, Microsoft claims that on Thursday, July 10, Bostock called the office of Microsoft CEO Steve Ballmer to arrange a call, on which he told Ballmer that "with substantial guarantees on the table and an increase in the TAC (traffic acquisition cost) rate, there are the pillars of a search-only deal to be done.""

http://www.networkworld.com/news/2008/071408-microsoft-search-only-deal-was-bostocks.html

And Microsoft' official statement:
http://www.microsoft.com/Presspass/press/2008/jul08/07-14statement.mspx

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