acquisition
First Take and Analysis: CBS comes to CNet’s rescue
BS Corp on Thursday, May 15, unveiled plans to buy for nearly $1.8 billion Cnet Networks Inc, an online media company that has for months been under fire from activist investors.
Terms of the deal call for the New York-based media giant to pay $11.50 per share, a premium of nearly 45% to San Francisco-based [...]
Report: Microsoft-Yahoo deal may go hostile Friday
Citing unnamed people familiar with the matter, the Wall Street Journal reported early Friday that the world’s largest software maker may be preparing to go straight to Internet pioneer Yahoo’s shareholders. An announcement was “likely” to come Friday, according to the report, though the newspaper said its sources cautioned that Microsoft may delay.
Chief Executive Steve [...]
Microsoft to launch a hostile bid: Reuters Poll
Most Wall Street analysts believe Microsoft now faces a drawn-out proxy campaign to win its unsolicited takeover of Yahoo!
Lightning Fast iPods and iPhones Coming Soon - Apple Acquires Obscure Processor Company
Forbes reports that Apple has agreed to purchase chip manufacturer P.A. Semi for $278 million. The company, founded in 2003, focuses on sophisticated, low-power chips that could possibly used in future models of the iPhone.
The decision to center the iPhone design around a chip that Apple could own marks a significant strategic choice by Apple [...]
AOL, Yahoo Accelerate Talks To Thwart Microsoft Bid.
The announcement that Yahoo and AOL may be closer to a deal to combine forces, as well as the possibility of help from News Corp in allowing Microsoft to acquire Yahoo, sparked heavy coverage in the major print and online news sources, with many stories appearing on the front pages of papers and Business sections. [...]
