No, despite its previous statement that it has “moved on” after being rebuffed by Yahoo!, in reaction to billionaire investor activist Carl Icahn’s request of taking over the Yahoo! board through hostile bidding, Microsoft remains as interested...
Tag - Business
Most of us thought that the Yahoo-Microsoft saga is over while many were anticipating some covert tactics of hostile takeover of Yahoo by Microsoft. Proving both the groups wrong, the Yahoo-Microsoft saga has been revived from an unexpected quarter....
No amount of cajoling or coaxing made Yahoo accede to Microsoft’s demand for acquisition. Heartbroken, Microsoft has finally given up its plan to acquire Yahoo. It will instead tread a solitary path to achieve its goal of increasing its share in...
Microsoft seems to have lost its patience with Yahoo. It is contemplating a hostile bid for the company, if Yahoo! does not begin talks with Microsoft soon. The outlook of Microsoft had been clarified by its chief financial officer Chris Liddell after...
The first quarter results of the worlds most popular online search engine reveal that even the slowing US economy does not have an adverse effect on its revenue. Google was up by a 30% in the first quarter compared to last year as its first quarter...
Even after the end of the Cold War and the rising US political and commercial hegemony, Russia is still nurturing its ambition to revive its former glory by becoming a major force to reckon with has become clear with the recent move by the...
The Thomson Corporation, a preeminent provider of information solutions to business and professional customers globally has announced that its shareholders have overwhelmingly approved the proposed acquisition of Reuters Group PLC at a special...
JP Morgan Chase & Co is in talks with Bear Stearns to quintuple its offer to buy Bear Stearns Cos to $10 per share in an effort to pacify angry Bear shareholders. JP Morgan raised its takeover offer for Bear Stearns Cos yesterday to about 5 times what...
It seems that the tale of the tub has finally ended with Yahoo rejecting Microsoft’s offer of $44.6 billion at the end of the humongous affair that carried on for the past couple of weeks. The unsolicited bid was finally turned down by Yahoo and...
Not being satisfied of its monopoly in the system software market, Microsoft wants to establish its hegemony in the online services sector also. Despite spending heavily on building its own search engine and advertising technology and even acquiring...
In the current scenario, pertaining to the private or for that matter the governmental organizations, downsizing, has become a prominent feature. Today, organizations prefer to reduce the size of the manpower employed in order to come at par with the...
Parmalat SpA, the Italian dairy group that went broke about four years back, has reached a deal for an out-of-court settlement with the Italian bank Intesa Sanpaolo. The private arrangement between the two companies, which was announced on Sunday, is...
Renowned carmaker BMW announced Friday that it is planning to discharge thousands of workers as a step to combat increasing costs and rivalry from its competitors such as Mercedes. This action would mark the company's first noteworthy layoff in a span...
The assumption held by experts regarding Indian business's latest fad for 'joint ventures' following TATA's example has once again been proved. Praj Industries following latest mantra of various business honchos has tied up with Brazil's Jaragua...
The private equity owners of the world famous publisher, the Guinness Book of World Records have put up their business for sale and the tag says £60m. Hit Entertainment which also owns brand like Bob The Builder and Pingu, is owned by private equity...
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