In a statement released today Microsoft answers the rejection of it's offer by Yahoo! " 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. We are … [Read more...]
Yahoo to Restart Merger Talks with AOL
According to reports today Yahoo is seeking to restart merger talks with AOL to fend off the Hostile bid of Microsoft which Yahoo rejected over the weekend. The report says that the AOL merger is one option being considered by Yahoo, the others being an marketing deal with Google or Disney. Yahoo and AOL previously failed to join forces because of differences over purchase price. Last … [Read more...]
YAHOO TO REJECT MICROSOFT’S OFFER
According to a report published by The Wall Street Journal Online today, the Board of Directors of Yahoo!!!! plan to reject the bid of $31 a share offered by Microsoft a week ago Friday, saying it "massively undervalues" Yahoo.com It had been reported this week by several source that Yahoo was looking for Microsoft to offer at least $35 a share. According to this report, Yahoo will not … [Read more...]
Investor Business Daily Publishes Article on Domain Industry
Investor's Business Daily became the third major mainstream media outlet to publish an article about the domain name industry this week, and this time it was 100% pure love for the industry. Here is the link The article highlights Oversee.net; Marchex; DemandMedia; NameMedia; Frank and Kevin. The word is getting out. For all you new guys welcome to the party. … [Read more...]
Microsoft’s Shareholders Not Loving the Yahoo Deal.
Well Microsoft's investors have given their opinion of the proposed acquisition of Yahoo, and let the feet do the walking, as they hit the exit, Microsoft shares have lost 14% of there value since it announcing its $44 billion dollar bid for Yahoo. This 14% loss in share value equate to just about 40 Billion dollars in lost share value for Microsoft. So far the combined price for Yahoo … [Read more...]
MSNBC Reports on the Cruises.co.uk Purchase
Mainstream media has picked up on the sale first reported by DNJournal.com, of Cruises.co.uk by the same company that owned Cruise.co.uk. In an article by MSNBC, they cite it as the largest sale ever of a .co.uk. Good always to see domain sales news picked up by mainstream media outlets. There always so surprised how much domain actually sell for. Actually MSNBC goes as far to say … [Read more...]
DAVID CALLAWAY: To See Yahoo’s Future With Microsoft, Look At AOL
Very interesting article on the propsed acquistion of Yahoo by Microsoft. Recommended reading. Here is the link: … [Read more...]