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Home Front Economy
Microsoft considers alternative Yahoo deal
2008-05-19
Microsoft Corp said on Sunday it has reached out to Yahoo Inc about an alternative deal that would not involve a full acquisition, in a move that could save the web pioneer from fighting a proxy battle with financier Carl Icahn.

Microsoft said it was not proposing to make a new bid to buy all of Yahoo "but reserves the right to reconsider that alternative" depending on discussions with Yahoo, shareholders of Yahoo or Microsoft, or other third parties.

Icahn launched a campaign on Thursday to replace Yahoo's board with directors who would reopen talks with Microsoft, saying Yahoo had acted irrationally in refusing the giant software company's $47.5 billion bid.

Posted by:Fred

#1  I have a better idea:

Nationalize these moonbat conglomerates, turn their management over to a committee of pro-American bloggers, and deport their current management to Gitmo.
Posted by: Atomic Conspiracy   2008-05-19 06:16  

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