Google Works to Torpedo Microsoft Bid for Yahoo

In an unusually aggressive effort to prevent Microsoft from moving forward with its $44.6 billion hostile bid for Yahoo, Google emerged over the weekend with plans to play the role of spoiler.Publicly, Google came out against the deal, contending in a statement that the pairing, proposed by Microsoft on Friday in the form of a hostile offer, would pose threats to competition that need to be examined by policy makers around the world.Privately, Google, seeing the potential deal as a direct attack, went much further. Its chief executive, Eric E. Schmidt, placed a call to Yahoo’s chief, Jerry Yang, offering the company’s help in fending off Microsoft, possibly in the form of a partnership between the companies, people briefed on the call said.Google’s lobbyists in Washington have also begun plotting how it might present a case against the transaction to lawmakers, people briefed on the company’s plans said. Google could benefit by simply prolonging a regulatory review until after the next president takes office. cries foul over Microsoft’s Yahoo bid
Microsoft’s $44.6bn bid for Yahoo raises “troubling questions” about the future of the internet, Google has warned. A takeover would also create a business with an “overwhelming share” of online communications services of web-based email and instant messaging, David Drummond, Google’s chief legal officer wrote in an uncharacteristically forthright post on the official Google blog last night. proposes Yahoo tie-up
Google has thrown a lifebelt to its floundering rival Yahoo by proposing a partnership between the two internet search rivals as a way to escape Microsoft’s $44.6bn (£22.4bn) hostile takeover bid.Intent on upsetting Microsoft’s offer for Yahoo, Google’s chief executive Eric Schmidt made a personal phone call to Yahoo’s founder, Jerry Yang, to propose working together.A tie-up could involve Yahoo outsourcing its search and advertising functions to Google and concentrating on other areas where it has technological strength – including mobile applications, social networking and content sharing. Google Could Keep Yahoo From Microsoft
Eric Schmidt, the chief executive of Google, is offering Yahoo — and, it seems, anyone else — whatever help he can to make sure Yahoo isn’t swallowed by Microsoft.What sort of help could that be? Lots of money for the right to sell ads on Yahoo’s search results, most likely. Google would have a very hard time buying Yahoo outright, for antitrust reasons. But if Google offered a long-term guarantee for advertising revenue on Yahoo’s search pages, there would be a pot of money that could help finance a bid for Yahoo by a private equity firm or a media company. Yahoo also could try to stay independent by cutting such a deal and giving part of the money from Google back to shareholders in the form of a share buyback or special dividend. Says Yahoo Sale Could Stifle Competition
Google executives are urging trade regulators around the world to look closely at Microsoft’s bid to buy Yahoo, a $44.6 billion proposal that they say threatens to quash competition, stifle Internet innovation and shrink consumer choice.The company issued its first public statement on the Microsoft deal yesterday, its first shot in what is expected to be a prolonged struggle between tech titans Google and Microsoft. may consider Google alliance: source [Reuters]
Yahoo Inc would consider a business alliance with Google Inc as one way to rebuff a $44.6 billion takeover proposal by Microsoft, a source familiar with Yahoo’s strategy said on Sunday. hits back at Google
Microsoft hit back at Google on Monday over the search company’s attempt to derail its bid for Yahoo, threatening to fight back through the regulators if its ambitions were stymied by any partnership between the two.The flare-up came as Yahoo’s options for finding a “white knight” to save the internet company from Microsoft’s cash-and-stock offer, valued on Monday at $43bn (£22bn), appeared to be narrowing fast. News Corp, which last year proposed merging its MySpace business with Yahoo, and NBC Universal both ruled themselves out. “We are definitely not going to make a bid for Yahoo,” said Rupert Murdoch, News Corp chairman. is ready to oust Yahoo! board to achieve swift takeover
Microsoft is threatening to launch a boardroom coup at Yahoo! within six weeks if the internet search engine fails to either accept its $45 billion (£23 billion) hostile takeover proposal or to start serious merger talks, The Times has learnt.The plan to oust Yahoo! executives came as it emerged that the search engine is considering the feasibility of a tie-up with Google, its bigger rival, to fight off the approach from Microsoft.

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