Yahoo said to step up talks with Google

Yahoo Inc.’s negotiations with Google Inc. have intensified as Yahoo Chief Executive Jerry Yang races to find alternatives to Microsoft Corp.’s unsolicited $44.6-billion takeover offer, a person familiar with the matter said Wednesday.Yang told Yahoo employees in an e-mail that the board of directors was evaluating “a wide range of potential strategic alternatives” and had “made no decisions” about the Microsoft bid, according to a filing with the Securities and Exchange Commission. He did not offer specifics, but the Sunnyvale, Calif.-based Internet company has hired investment banks Goldman, Sachs & Co. and Lehman Bros. to evaluate options.
http://www.latimes.com/technology/la-fi-yahoo7feb07,1,6729518.storyGoogle goes straight at Microsoft over Yahoo
… Now, the anxious efforts by Google, led by its chief executive, Eric Schmidt, to try to scuttle Microsoft’s $44.6 billion bid for Yahoo may well seem like a bout of Valley paranoia. After all, many industry analysts view the acquisition plan, announced Friday, as a desperation move by Microsoft to buy a bigger stake in the online advertising and Internet search markets, even as it and Yahoo fade further behind Google.
http://iht.com/articles/2008/02/06/technology/google.php

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.