Microsoft’s Yahoo Takeover Bid Scrapped

Microsoft announced today that it was scrapping its takeover bid for Internet pioneer, Yahoo. The announcement was made today with the publication of a letter to the Yahoo board by Microsoft CEO Stephen Ballmer. “We continue to believe that our proposed acquisition made sense for Microsoft, Yahoo and the market as a whole,” Mr Ballmer … Read more

Microsoft And Yahoo In Takeover Talks

News Ltd reports that the neverending story of Microsoft’s proposed takeover of Yahoo has at last reached the point where they are at least talking to each other directly. While neither side is offering any guarantees, the Yahoo share price has risen as a result. If the bid is successful, it will still take at … Read more