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Microhoo Takeover Battle Rages On
Today, the press and blogosphere learned that Microsoft’s CEO had sent a public letter to Yahoo’s Board of Directors last Friday, with a three week time-frame for them to come to a buyout agreement. The letter essentially attempts to justify the initial offer of $44.6 billion , and threatens to take the offer directly [...]
AOL Acquires Bebo for $850 Million
AOL’s $850 million (cash) acquisition of the Bebo social networking site comes to surprise for many, despite rumours that Bebo was looking for a buyer. After all, rumours of mergers and acquisitions fly around the Internet everyday. Bebo had however already partnered with AOL in integrating the AIM messenger client with its service.
Although [...]
