Offering regional and national programs, CIO (and CSO) events bring together some of the most respected names and thought leaders in information technology and security. Presented by CIOs and other senior level executives, these invitation-only programs offer timely topics and strong networking. Learn More »
Social Responsibility's Strategic Benefits
December 15, 11:30 AM - 12:30 PM US/Eastern (GMT-5)
Join Ed Granger-Happ, CIO of Save the Children, for a discussion of how creating an organization that is socially responsible improves staffing, retention, leadership development and overall corporate health.
Working With and Communicating to Your Board of Directors
January 13, 2009, 4:00 PM - 5:00 PM US/Eastern (GMT-5)
CIO panelists who will share tips and experiences working with their boards: Twila Day of SYSCO; Jeff O'Hare, West Corp.; Marc West, formerly with H&R Block.
IT's Role in Growing Mid-Market Companies
January 14, 4:00 PM - 5:00 PM ET (GMT-5)
Mid-market Council members will share their companies' stories and challenges in driving or coping with growth. Panelists represent Veterinary Pet Insurance, Medicis Pharmaceutical, and Intrax Cultural Exchange.
Learn more about the CIO Executive Council »
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Report: Microsoft Board Meets Over Yahoo Bid
Microsoft's board is meeting on Wednesday to decide how to proceed in the company's bid to acquire Yahoo, The Wall Street Journal reported.
April 30, 2008 — IDG News Service —
Microsoft's board is meeting on Wednesday to decide how to proceed in the company's bid to acquire Yahoo, The Wall Street Journal reported.
Quoting anonymous sources, The Journal reported that the meeting could yield a concrete announcement.
Microsoft's next move is something that all parties with a stake in the deal have been waiting for since Yahoo failed to agree to a deal by Saturday, the deadline Microsoft had set three weeks earlier.
Many observers had expected a reaction from Microsoft first thing Monday morning, but as the silence stretched into Wednesday afternoon, the media speculation mill has gone into overdrive.
The major stumbling block in the negotiations has been the price, which Microsoft is willing to increase to up to US$33 per share, but not to the $35 to $37 range that major Yahoo shareholders, management and board members want, The Journal reported. Microsoft's original cash-and-stock offer, made on Feb. 1 and valued at $44.6 billion at the time, stood at $29.12 as of Tuesday's market close, the paper said.
This week, Microsoft CEO Steve Ballmer has been personally lobbying big Yahoo shareholders so they, in turn, will pressure the board to accept Microsoft's bid, since Microsoft would prefer not to have to launch a hostile takeover, The Journal reported.
In the meantime, Yahoo and Time Warner have continued exploring the possibility of Yahoo merging with AOL in exchange for a 20 percent stake in Yahoo for Time Warner, The Journal reported.
In addition to attempting a hostile takeover, Microsoft has other options, such as raising its bid to a level agreeable to Yahoo's board or walking away, a possibility first floated by Ballmer last week.
Certainly, Microsoft expected the acquisition process, now nearing its third month, to flow much more smoothly and quickly, given the company's urgency to boost its Internet unit so it can better compete against Google and capitalize on the growth of the online advertising market.
Copyright © 2008 IDG News Service. All rights reserved. IDG News Service is a trademark of International Data Group, Inc.
Migrating An Enterprise from Lotus Notes to Microsoft Exchange
The Intelligent Enterprise
Mobility is Growing: Survey Shows Why CIOs are Concerned
The Move Toward Mobilization
The Case for A Specialized Security Platform
Protecting the Code: Technology Escrows Safeguards Critical Software
Enabling the Global Enterprise
Get a grip on your mobile workforce Webcast
Save with 0% Lease Offer on HP Servers and Storage
The State of the Great Windows Vista Migration and the Latest Research on What Real Customers Say
Liberation through Automation: How You Can Automate Your PC Deployment and Help Free Up IT Resources
Windows Vista: Essential Benefits and Deployment Strategies
Resource Alerts
Get instant email notifications by topic when white papers, webcasts, and case studies are added to our library.
AMD to Bring HD Gaming and Movies to Mobile Phones
Intel-Backed Enterprise 2.0 Suite is Discontinued
Wall Street Beat: IT Faces Tough Start to 2009
Dual-Mode Smartphones Help Boost Wi-Fi Shipments
Palm Announces WebOS and Pre Phone
Nokia Ends Production of Its Only WiMax Device
FAQ: How to Get the Windows 7 Beta
HP Aims TouchSmart Desktop PC at Businesses
Red Hat to host Second Life-like virtual JBoss trade show
Windows 7 Public Beta to be Available Friday
Just the basics, please. Sometimes we all need a refresher or we need to make sure our team and our colleagues are all on the same page.
Over 25 tutorials on everything from business intelligence to virtualization.
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