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[7 Apr 2008 | No Comment | 0 views]

No more Mr. Nice Microsoft. Apparently when Microsoft puts $44.6 billion on the line, it really means it, and the company just sent an open letter to Yahoo’s board of directors stating in no uncertain terms that the 62% premium over Yahoo’s closing price on January 31, 2008 was more than fair.
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Tags: ATI, board of directors, company, digg, gadget, Hat, Microsoft, news, threat, yahoo

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[6 Apr 2008 | No Comment | 0 views]

April 5, 2008
Board of Directors
Yahoo! Inc.
701 First Avenue
Sunnyvale, CA 94089
Dear Members of the Board:
It has now been more than two months since we made our proposal to acquire Yahoo! at a 62% premium to its closing price on January 31, 2008, the day prior to our announcement. Our goal in making such a generous offer was to create the basis for a speedy and ultimately friendly transaction. Despite this, the pace of the last two months has been anything but speedy.
While there has been some limited interaction between management of …

It news »

[18 Mar 2008 | No Comment | 0 views]

IRVINE, Calif., March 17, 2008 - WebVisible, Inc., a global leader in local interactive advertising, announced today that it has received $12 million in series B funding led by Silicon Valley’s Sutter Hill Ventures with participation from existing investor Redpoint Ventures. In conjunction, Sutter Hill Ventures Managing Director Jim White will join WebVisible’s Board of Directors. WebVisible, whose robust software platform manages interactive advertising campaigns for small-to-medium-sized businesses around the world, will use the funds to achieve the next level of technology innovation, promote growth in its …

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[27 Feb 2008 | No Comment | 56 views]

Appointment of Dato’ Sri Abdul Wahid Omar As Successor
Maybank Group wishes to announce the retirement of its President and Chief Executive Officer, Datuk Amirsham A. Aziz, aged 57, effective …

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[24 Feb 2008 | No Comment | 0 views]

Two U.S. pension funds have sued Yahoo Inc. and its board of directors, saying they breached their duties to shareholders in trying to thwart a takeover by Microsoft Corp. The lawsuit was filed in Delaware Chancery Court on Thursday by lawyers representing Detroit’s police and fire retirement system and general retirement system, as well as “all…
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DOVER, Del. - Two Detroit pension funds have sued Yahoo Inc. and its board of directors, saying they breached their duties to shareholders in trying to thwart a takeover by Microsoft …

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[11 Feb 2008 | No Comment | 0 views]

It is unfortunate that Yahoo! has not embraced our full and fair proposal to combine our companies. Based on conversations with stakeholders of both companies, we are confident that moving forward promptly to consummate a transaction is in the best interests of all parties.
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REDMOND, Wash. — Feb. 11, 2008 — Microsoft Corp. (NASDAQ:MSFT) today issued the following statement in response to the announcement by Yahoo! Inc. (NASDAQ:YHOO) that its Board of Directors has rejected Microsoft’s previously announced proposal to acquire Yahoo!:
It is unfortunate that Yahoo! has …

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[11 Feb 2008 | No Comment | 1 views]

SCOTTS VALLEY, Calif.-February 4, 2008-Seagate Technology (NYSE: STX) today announced that its Board of Directors has approved an increase in its quarterly dividend from $0.10 to $0.12 per share, effective with the dividend expected to be paid to shareholders after the conclusion of the company’s third fiscal quarter of 2008. Additionally, the Board of Directors has authorized the company to repurchase up to an additional $2.5 billion of its outstanding common shares over the next 24 months. This new share repurchase authorization continues our commitment to enhancing shareholder value.
Seagate expects …