Microsoft Looks to Restart Yahoo Talks
And the saga continues. Microsoft Corp on Monday said it would be willing to reopen talks to buy all or part of Yahoo, Reuters reports, but only if a new Yahoo board is elected—which is exactly what investor Carl Icahn has been pushing for.
Microsoft, “which broke off talks in early May to buy the Internet company for $47.5 billion, said it would resume discussions immediately if a new board were elected at Yahoo’s August 1 stockholder meeting,” the report said.
The
WORK SMARTER - LEARN, GROW AND BE INSPIRED.
Subscribe today!
To Read the Full Story Become an Adweek+ Subscriber
Already a member? Sign in