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Citigroup Hears a Microhoo

Written on: March 25th 2008
Author: Editor

ADOTAS – Citigroup says Microsoft Corp. will likely raise its $31-per-share offer for Yahoo Inc., according to reports. Microsoft and Yahoo met earlier this month to discuss the potential merger, but no progress was reported. Citigroup analyst Mark Mahaney raisedYahoo’s price target to $34 explaining that Microsoft is so committed to [...] more...

AOL Officially Joins Line of Yahoo Suitors

Written on: February 18th 2008
Author: Editor

ADOTAS — Yahoo and Time Warner’s AOL reportedly held talks in recent days in attempt to ward off Microsoft’s Feb. 1 $44.6 billion takeover offer, according to The Telegraph. The goal and contents of the talks are unclear, but anti-trust laws may complicate matters because Google owns a small stake [...] more...

Shareholders Urge Yahoo To Come To A Deal With Microsoft

Written on: February 13th 2008
Author: Editor

Legg Mason, Yahoo Inc.’s second-biggest investor, is pushing Microsoft Corp. to increase its $42 billion unsolicited bid. Bill Miller, the leading stock-picker at Legg Mason, also urged Yahoo to consider the deal, saying it has few options left. Miller issued his appeal to Yahoo and Microsoft in a quarterly letter to [...] more...

Shareholders Give The Thumbs Up To Murdoch

Written on: December 14th 2007
Author: Editor

Yesterday, shareholders of Dow Jones & Company finally gave the “okay” for Rupert Murdoch and News Corporation to takeover the company. After the announcement Murdoch went to the offices of The Wall Street Journal to assure employees that the intention of the new owner is to make the publication better and [...] more...

Spotlight

Turn VP: Ad Network Shakeout “Inevitable”ADOTAS EXCLUSIVE – Turn bills itself as the world’s first Smart Market for online advertising. Turn’s VP of product and [...] more...