Mergers And Acquisitions News
AOL Buys Social Network Bebo For GBP 420 Million
14th March 2008
AOL has announced that it will acquire Bebo, the UK-based social media network, for £422 million in cash. Randy Falco, CEO of AOL, announced this in an email to all AOL employees on 13th March 2008. More »
Yahoo! Courts AOL In Bid To Make Microsoft Jealous
12th February 2008
The board of directors at Yahoo, have not taken very kindly to Microsoft’s unsolicited takeover bid of $45 billion or approximately $31 per share, which they feel is too low. In an attempt to shield themselves from Microsoft, Yahoo! executives have reportedly revived merger talks with AOL Times Warner. More »
Microsoft Bids USD 44.6 Billion To Acquire Yahoo!
1st February 2008
TechCrunch report that Microsoft has made an official bid to acquire Yahoo! The offer of $44.6 Billion values Yahoo! at $31 per share, a 62% premium on Thursday closing price. More »
Microsoft Bid to Acquire Fast Search and Transfer
9th January 2008
It looks as though Microsoft is bent on proving at least some of Steve Ballmer’s predictions for the future to be true. They have recently made an offer to buy Norwegian company Fast Search and Transfer. More »
New Rumours Surface – Microsoft Might Buy Yahoo!
16th November 2007
Kevin Johnson, President of Platforms and Services Division at Microsoft, leads over 12,000 employees responsible for product development, marketing and strategy for the Windows and Online Services businesses. At the UBS Investor Conference in Seattle on Thursday, Kevin outlined Microsoft’s ambition to grow their online search business to 30 percent. More »
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