EBay acquiring Bill Me Later and Danish classifieds sites
US based online auction service eBay has announced that they are now acquiring online payments site Bill Me Later and two Danish classifieds services.
The company would be paying $820 million in cash and $125 million in options to acquire Bill Me Later. They expect this deal to [...]
Reports: Microsoft withdraws their offer for Yahoo
Rumors in the market suggest that Microsoft has now withdrawn their offer to acquire the internet media giant Yahoo.
The source said that the company had raised their offer by $5 billion to $33 a share.
Yahoo did not accept it and demanded somewhere near $37 a share.
Microsoft at [...]
Yahoo’s Microsoft deadline passes
Yahoo has let the deadline set by Microsoft pass. Microsoft has given the internet media giant three weeks to accept its acquisition offer worth initially around $44.6 billion.
Microsoft had threatened to go hostile with their bid if their offer was not accepted. It is now clear though on how they would go [...]
Sphere acquired by AOL
Time Warner has said that their AOL division has now acquired Sphere.
Sphere is basically a web service providing contextual search solutions.
Web publishers are able to connect their content with related material on the web using their solutions.
The two companies did not reveal the financial aspects of this acquisition deal.
This is going to [...]
Microsoft prefers to stay alone on Yahoo Bid
Rumors in the market stated that News Corp was in talks with Microsoft to join their bid to acquire internet media giant Yahoo.
However, the latest information in is that the software giant wants to proceed with the bid alone. They are however not running out collaborating with a [...]
Capital World Investors increases ownership of Yahoo!
Capital World Investors, a unit of Capital Research and Management has now doubled their stake in the internet media giant Yahoo! This information was revealed in a filing with the regulatory body.
The company now owns around 135.5 million Yahoo shares.
Market analysts say that they might [...]
News Corp could partner Microsoft on Yahoo Bid
New York Times is reporting that News Corp is in talks with Microsoft on a possible collaboration on Yahoo acquisition bid.
News Corp was earlier said to be in talks with Yahoo on potential partnership to help them avoid getting acquired.
The news report quoted a source saying that the [...]
Yahoo acquires IndexTools
Yahoo continues to remain under pressure from Microsoft to accept their acquisition bid.
However, the internet media giant is also working on enhancing their current offerings to stay competitive in the market.
Yahoo has now announced that they are acquiring all of the assets of Tensa Kft. The company is popularly known as IndexTools.
They are [...]
Yahoo rejects Microsoft offer once again
Internet media giant Yahoo has again rejected the bid made by Microsoft for a possible acquisition deal.
Microsoft has stated that they are giving Yahoo three weeks before they are going to go ahead with a hostile acquisition attempt.
Yahoo said in a statement: “We continue to believe that your proposal is [...]
Microsoft gives Yahoo a deadline before it launches hostile takeover bid
Software giant Microsoft has given Yahoo a deadline after which they are planning to launch a hostile takeover attempt at a lesser price offer.
The company said that Yahoo has to accept a deal before April 26 or they would start targeting the shareholders of the [...]
