Topic: Mergers and acquisitions

MSFT CEO Ballmer to Yahoo: No New Bid

Speaking at the “Web 2.0” conference in San Francisco earlier this week Yahoo CEO seemed to invite Microsoft to make another acquisition bid for the portal. “To this day the best thing for Microsoft to do is buy Yahoo,” the BBC quotes Yang telling interviewer John Battelle. This morning, from Australia, Microsoft CEO Steve Ballmer […]

Yahoo Invites Another Bid From Microsoft

Everyone at Yahoo must be totally exhausted — perhaps most of all CEO Jerry Yang. It’s probably apprpriate to now use modifiers such as “beleaguered” or “embattled” to describe Yang. Mike Arrington has called for Yang to be replaced, as have others before him. After the termination of the Google paid search deal yesterday, more […]

Citing Risk, Google Ends Yahoo Paid Search Deal

Only days after the two companies submitted a modified proposal to try and win the favor of anti-trust regulators, Google has unilaterally decided to discontinue its paid-search agreement with Yahoo, citing “a protracted legal battle but also damage to relationships with valued partners.”

Now A Yahoo Board Member, Icahn Continues to Pitch MSFT Search Deal

Billionaire inventor/corporate gadfly Carl Icahn, who owns 5 percent of Yahoo and is now a board member, continues to publicly advocate a MIcrosoft deal for the portal site. Icahn has at least two board members aligned with his positions (former Viacom CEO Frank J. Biondi Jr. and former Nextel CEO John H. Chapple) based on […]

Republican Congressman Calls For More “In-Depth” Review Of Proposed Google-Yahoo Search Deal & Another Microsoft-Yahoo Deal On Deck?

Texas Republican Congressman and Google critic Joe Barton wants more information about the proposed paid-search deal between Google and Yahoo. Dissatisfied with Yahoo’s responses to his questions to date, Barton has asked the US Department of Justice to “thoroughly investigate issues of competition and privacy that Yahoo failed to address fully.”  He is concerned about […]

Yahoo Investor Seeks New Microsoft Takeover Bid

Mithras Capital, a small Yahoo institutional shareholder, is suggesting that Microsoft take another look at Yahoo and buy the company for $22 per share. That’s $9 less than Microsoft’s original bid for Yahoo during the takeover saga earlier this year. Yahoo shares are now trading near their 52 week low.

SEO

Report: AOL-Yahoo Merger Talks Get Serious

Against the backdrop of economic meltdown Yahoo and AOL are reportedly continuing their merger talks in earnest. We wrote about the potential combination several times during the initial wave of MicroHoo negotiations, when Yahoo approached TimeWarner as an alternative to Microsoft, and more recently again.

SEO

Yahoo Roundup: AOL And Yahoo Resume Merger Talks, Answers For Sale?, “Start Wearing Purple?” And Institute Recommends Conditions For Google Paid Search Ads

With Yahoo’s stock nearing its 52 week low, conspiracy theorists might think that the Financial Times report about the resumption of merger talks between AOL and Yahoo was based on news leaked with the intention of boosting Yahoo and/or TimeWarner shares. However, it appears that discussions which began to fend off Microsoft’s bid for Yahoo […]

Google Acquisitions Real & Rumored: Korean Blogging Platform, PC Games Producer Valve

Last week Google confirmed that it had made its first Korean acquisition, a popular blogging platform called TNC, which has approximately 400,000 users, including a majority of Korea’s top bloggers (per VentureBeat). The site’s founder and CEO Chang-Won Kim said that he thought Google bought the company to boost its “minor” market share in Korea, […]

PPC

SEM Company, iProspect Acquires Range Online Media

Search Marketing company consolidation continues with iProspect acquiring Range Online Media today. This acquisition increases iProspect’s US staff base by more than 60 employees, bringing the them to a U.S. employee base to over 230. How will this impact the respective client’s accounts? The current Range customers will continue to be serviced by the same […]

PPC

iNET Interactive Acquires Search Marketing Standard

Our friends over at the Search Marketing Standard, one of the first successful search marketing focused print magazines, has been acquired by iNET Interactive. Search Marketing Standard launched in the first month of 2006, with many supporters. Boris Mordkovich & Eugene Mordkovich of MordComm founded and finance the magazine. iNET Interactive’s Director of Marketing, Kevin […]

Report: AOL Units Being Readied For Sale

For months there’s been anticipation that some or all of AOL would be sold. Talks between AOL and Yahoo have been ongoing, as they have with Microsoft to a lesser degree. But months ago AOL decided to separate its ISP business (8.7 million subscribers) from its advertising and consumer portal businesses. According to the Wall […]

Yahoo Survives Annual Meeting, Re-Elects Board, Microsoft Cries Foul

Perhaps we’re coming to the point where we’ll no longer be writing about Microsoft and Yahoo and their failed courtship. We’ll see. Today Yahoo survived its long-anticipated shareholder meeting. It’s detailed in this CNET blog post. At the conclusion of the meeting, Yahoo issued a statement that its slate of directors was elected, following the […]

Report: Google To Develop A Venture-Capital Unit

Google to Extend Reach With Venture-Capital Arm from the Wall Street Journal reports Google is in the early stages of putting together a corporate venture-capital unit within Google. Google’s senior vice president of corporate development and chief legal officer, David Drummond, is reported to be leading up the new unit. Google has hired William Maris, […]

As Yahoo Proxy Vote Looms, Questions Arise About Board Composition And Management’s Future

The never-ending MicroHoo drama has provided virtual reams of blog posts and endless fodder for speculation. The latest installment involves the question of whether Carl Icahn’s proxy battle for control of Yahoo’s board will see any success. In case you joined this story late, institutional shareholders are frustrated by Yahoo’s unwillingness to take the original […]

Google Buys Russian Contextual Ad Service For $140 Million

Google announced that it had acquired “Begun,” a Russian contextual ad service, for $140 million. The service had been a unit of Russia’s Rambler Media. Rambler also owns the Russian portal Rambler.ru. As part of the deal, Google-enhanced search results and ads will appear on the Rambler portal site. According to Reuters, Rambler expects annual […]

What Happens After Google Buys A Company?

Many people have posed the question: why does Google seem to often fail to efficiently integrate or develop companies and properties it has acquired? Early mobile social network DodgeBall is the most obvious example of a promising startup acquired by Google that has languished. But as TechCrunchIT points out, there are others and, more specifically, […]

Yahoo-Google Deal: Shrewd Move Or Screw Up?

When the highly anticipated Yahoo-Google paid search deal was announced on Thursday, the fallout and speculation began immediately: would it help Yahoo or was it an act of capitulation to Google? Coming as it did with the formal end of talks with Microsoft, was it a betrayal of Yahoo shareholders? Ironically, insurgent Yahoo stockholder and […]

Judge Unseals Shareholder Complaint Against Yahoo

A Delaware judge presiding over shareholder litigation against Yahoo has denied the company’s request to maintain a seal over the complaint in the matter. (Complaints are typically public records unless the parties can meet a high bar to keep them confidential.) The news was first reported by Reuters and Barrons.

Today’s MicroHoo Roundup: Google Considers Its Response, Google Says It Would “Hire” Yang, Icahn Might Be Thwarted By Slimmed-Down MicroHoo, & MSN Reorgs

Yesterday at Google HQ in Mountain View, during the Q&A session following the discussion of Google Health, a reporter sneaked in a question about Microsoft-Yahoo. Marissa Mayer declined to answer the question, as Google CEO Eric Schmidt and co-founders Brin and Page were mulling their collective response to the new and reduced Microsoft overture (pun […]

Microsoft & Facebook Do Mating Dance As Microsoft Seeks Alternatives To Yahoo; Google Now Uncertain On Yahoo?

At one point or another, most of the big online media companies have talked about buying Facebook. Yahoo is rumored to have made an early offer of almost $1 billion for the company, which was (obviously) turned down. But as the MicroHoo discussions appeared to be deteriorating, Microsoft apparently made some formal inquiries about Facebook’s […]

Aftermath: Yahoo Still Open To Deals; Stock Largely Survives

With the first day over since Microsoft bailed on Yahoo, I find myself chuckling with agreement over Valleywag’s "Post-Microsoft, Yahoo shares ‘plunge’ from $19 to $24.60" headline. Yahoo fared far better than many had predicted. Part of that may be due to thoughts that it is not all over yet for a Yahoo-Microsoft marriage or […]

MicroHoo: High Stakes Game Of “Chicken” Now In Progress

Yahoo’s generally solid quarter yesterday helps make the case that the company is worth more than the current value of Microsoft’s bid. In advance of the earnings call yesterday, however, Steve Ballmer said that the company was not prepared to offer any more than what it already had put on the table. Now today, in […]

All Eyes On Yahoo Earnings Today

Today after the stock market closes, Yahoo will report earnings. Silicon Alley Insider offers a preview based on sources cited in the NY Post: “Several sources close to Yahoo! said the company will not blow the lid off earnings, but will likely beat analysts’ expectations of 9 cents a share and revenue estimates, excluding traffic […]

Microsoft – Three Weeks Or Else!

Since Microsoft offered to buy Yahoo! for $44.6 billion, interesting times have been ours to enjoy here in the land of the search engines. On April 5 2008, Steve Ballmer stepped up the game by giving Yahoo! 3 weeks to make a decision on the 44.6 billion dollar offer or they’ll bypass the board and […]

Microsoft Buys Travel Search Site Farecast

Travel search site Farecast was rumored to be a takeover target recently and the CEO has confirmed that the site has indeed been acquired by Microsoft. TechCrunch, citing John Cook at the Seattle PI, says the deal was worth something in the $100-$115 million range.

Report: Yahoo & AOL Approaching A Deal

Yahoo, AOL Close In on Tie-Up Deal from the Wall Street Journal reports that Yahoo and AOL are close on finalizing a deal that would combine parts of both companies. The deal would bridge Timer Warner’s Internet operations with Yahoo by folding the AOL unit into Yahoo. In return, Time Warner would make a cash […]

PPC

Yahoo Rolls Out More Details About APEX/AMP

In articles on the NY Times and Wall Street Journal sites this morning, more details are surfacing about the intended Q3 rollout of Yahoo’s new ambitious, integrated ad platform — what President Sue Decker previously called “APEX” (advertiser-publisher exchange) and is now apparently being called “AMP.”

Microsoft To Yahoo Board: Agree Within Three Weeks Or Else

Microsoft has had enough, it seems. The company has fired off a written ultimatum to Yahoo’s board. Either conclude an agreement to be acquired by Microsoft or Microsoft will engage in a proxy fight to oust the board with one favorable to the deal. Microsoft says that despite what it calls its “generous” offer, Yahoo […]

Report: Microsoft “Re-evaluating” Yahoo Bid

Reuters is reporting that Microsoft may be reconsidering its bid for Yahoo in light of changed market conditions and signs of potential weakness in Yahoo’s “core business.” The article cites as sources the familiar unnamed “people familiar with the matter.” There are few details and nobody from either company comments.