DV Hardware bringing you the hottest news about processors, graphics cards, Intel, AMD, NVIDIA, hardware and technology!

   Home | News submit | News Archives | Reviews | Articles | Howto's | Advertise
DarkVision Hardware - Daily tech news
October 28, 2016 
Main Menu
News archives

Who's Online
There are currently 81 people online.


Latest Reviews
Zowie P-TF Rough mousepad
Zowie FK mouse
BitFenix Ronin case
Ozone Rage ST headset
Lamptron FC-10 SE fan controller
ZOWIE G-TF Rough mousepad
ROCCAT Isku FX gaming keyboard
Prolimatech Magnetic Pin

Follow us

Microsoft to reopen talks with Yahoo if it replaces its board

Posted on Monday, July 07 2008 @ 20:04:14 CEST by

Microsoft confirmed it would reopen talks with Yahoo if the search engine replaces its board of directors next month.
"We confirm ... that after the shareholder election Microsoft would be interested in discussing with a new board a major transaction with Yahoo, such as either a transaction to purchase the 'Search' function with large financial guarantees or, in the alternative, purchasing the whole company," Microsoft said in a statement.

Microsoft said "it would be premature to discuss at this time important details such as the price or other terms of a possible transaction."

The statement added: "We respect the right of Yahoo's shareholders to determine the destiny of their company, and we do not intend to engage in ongoing commentary on these issues in advance of Yahoo's shareholder meeting."

Icahn made his comments in an open letter to Yahoo shareholders nearly a month after the California company said negotiations on a tie-up with Microsoft were apparently dead.

The US billionaire, who has amassed a stake in Yahoo and is seeking to oust the company's board, said he had in the past week "spoken frequently" with Microsoft chief executive Steve Ballmer and others at the world's biggest software firm.

"Our talks centered on the industry in general but, more importantly, on how Yahoo and Microsoft can do a transaction together" Icahn said.



DV Hardware - Privacy statement
All logos and trademarks are property of their respective owner.
The comments are property of their posters, all the rest © 2002-2016 DM Media Group bvba