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Activist investor Carl Icahn put forward a rival slate of directors for Yahoo on Thursday, aiming to force it to reopen talks with Microsoft, two weeks after it spurned Microsoft's $47.5 billion takeover bid. Following is a timeline of key events in the takeover saga, stretching back more than...
BURLINGAME, CALIF. - Corporate raider extraordinaire Carl Icahn launched his strategy to push Yahoo! back into Microsoft's arms. In a letter delivered Thursday to Yahoo! (nasdaq: , Icahn presented an alternative slate of board members to be voted on at the company's annual meeting on July 3. This...
Corporate users may bypass Microsoft's troubled new operating system and hold out for Windows 7 Microsoft introduced Vista, the latest version of its Windows operating system, in New York City in January, 2007, with dramatic fanfare. But now some high-profile corporate customers are taking a pass...
InfoWorld's petition to keep the popular Windows version on the market has passed a new milestone In the four months since InfoWorld asked businesses and individuals to sign a petition at SaveXP.com asking Microsoft to keep Windows XP for sale beyond the planned June 30 general end-of-sales date,...
It's not just the Steve Ballmer and Jerry Yang show anymore. The cast of characters playing key roles in Microsoft's takeover attempt of Yahoo! has expanded. Google's Eric Schmidt and Time Warner's Jeff Bewkes have risen from cameo roles to co-stars as they hash out their own deals with Yahoo!...
A stark Financial Times reality check A week ago, Jerry Yang was trying to sound buoyant about the prospects for an independent Yahoo and insisting he was in it for the long haul. “This is not something I got into lightly last year,” he told the Financial Times, referring to his assumption of the...
By Michael Liedtke It's unclear whether the prospect of a shake-up of Yahoo's board would be enough to revive Microsoft's interest. At one point, Steve Ballmer threatened an attempt to oust Yahoo's board if the directors didn't accept Microsoft's offer. But he backed off after concluding the...
By the time this is all over, we may just see Jerry Yang run weeping into the embrace of Steve Ballmer like he was a long-lost brother. Dealing with Carl Icahn, the corporate world’s most annoying back-seat driver, can change a man, make him do things he wouldn’t ordinarily do....
BURLINGAME, CALIF. - Steve Kirsch is one of a handful of people who can appreciate what Yahoo! Chief Executive Jerry Yang is facing right now. The entrepreneur and former chief executive of Infoseek, a search engine that has withered away since being acquired by Disney, thinks Yahoo! (nasdaq: )...
Lawyers for Sonics owners tried to get Seattle Mayor Greg Nickels during a deposition last month to admit that the team's departure would have little impact on the city — and would even have the benefit of improving traffic around KeyArena. In a further sign of an apparent legal strategy of...
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