The news that Yahoo is not going to keep talking to Microsoft is crossing the wires at the moment. This caused Yahoo shares to dive 13% on the news. At the same time, Yahoo has announced an advertising deal with Google, which is sure to send chairs flying in Redmond. The story that I linked to also has a chronology of events that makes it look like a deal was possible at one point in the day. It also notes that three execs at Yahoo are leaving the sinking ship departing.
This is sure to make Carl Icahn go ballistic. I can’t wait for the letter that he sends Yahoo regarding this.
Like this:
Be the first to like this post.
This entry was posted on June 12, 2008 at 3:15 pm and is filed under Commentary with tags Icahn, Microsoft, Yahoo. You can follow any responses to this entry through the RSS 2.0 feed
You can leave a response, or trackback from your own site.
Yahoo Kills Talks Between Itself And Microsoft…. Aligns Itself With Google
The news that Yahoo is not going to keep talking to Microsoft is crossing the wires at the moment. This caused Yahoo shares to dive 13% on the news. At the same time, Yahoo has announced an advertising deal with Google, which is sure to send chairs flying in Redmond. The story that I linked to also has a chronology of events that makes it look like a deal was possible at one point in the day. It also notes that three execs at Yahoo are leaving the sinking ship departing.
This is sure to make Carl Icahn go ballistic. I can’t wait for the letter that he sends Yahoo regarding this.
Share this:
Like this:
This entry was posted on June 12, 2008 at 3:15 pm and is filed under Commentary with tags Icahn, Microsoft, Yahoo. You can follow any responses to this entry through the RSS 2.0 feed You can leave a response, or trackback from your own site.