Microsoft to authorize Yahoo proxy battle: report
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Microsoft Corp will authorize a proxy battle for Yahoo Inc this week to convince the Web company's shareholders to agree on a takeover deal that the Yahoo board so far has rejected, the New York Times' Dealbook blog said on Tuesday.
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Microsoft Corp. offered to buy search engine operator Yahoo Inc. for $44.6 billion in cash and stock in a move to boost its competitive edge in the online services market.
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SAN FRANCISCO/NEW YORK  - Yahoo Inc  would  consider a business alliance with Google Inc  as one  way to rebuff a $44.6 billion takeover proposal by Microsoft, a  source familiar with Yahoo's strategy said on Sunday.
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Microsoft Corp made a  bid to buy Yahoo Inc for $44.6 billion in cash and stock,  seeking to join forces against Google Inc in what would be the  biggest Internet deal since the Time Warner-AOL merger.
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Privacy groups are promising a fight before U.S. regulatory agencies if&#160;Microsoft&#39;s offer to buy Yahoo&#160;for $44.6 billion is accepted, and the deal could face significant hurdles in Europe as well.
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Yahoo Inc.'s board reportedly held a special meeting Friday to discuss how to handle the slumping Internet pioneer's first response to Microsoft Corp.'s week-old takeover bid, setting the stage for either a quick resolution or months of acrimonious wrangling.
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According to a story by The Wall Street Journal, Yahoo's board plans to send a letter to Microsoft on Monday saying that the software vendor's $44.6 billion merger offer "massively undervalues" the online services company.
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Though a number of hurdles remain, Microsoft's plans to buy Yahoo are likely to pass regulatory review, analysts said today.
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Yahoo Inc.'s board will reject Microsoft Corp.'s $44.6 billion takeover bid after concluding the unsolicited offer undervalues the slumping Internet pioneer, a person familiar with the situation said Saturday.
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Microsoft Corp.  wants to  block an effort for a shareholder vote forcing the world's  largest software maker to explain its support for Internet  network neutrality, according to a company letter obtained by  Reuters on Tuesday.
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Yahoo Inc. (YHOO.O: Quote, Profile, Research) has agreed to extend its deal to place advertisements on Microsoft Corp.&#39;s (MSFT.
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The US Congress Judiciary Committee will hold a hearing next week to scrutinize Microsoft's multi-billion-dollar bid to acquire Yahoo in order to take on Internet goliath Google.
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Yahoo Inc  would consider  a business alliance with Google Inc  as one way to  rebuff a $44.6 billion takeover proposal by Microsoft, a source  familiar with Yahoo's strategy said on Sunday.
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Web portal signs extension to provide paid searches to Microsoft as it builds its own service. NEW YORK  - Yahoo! Inc. said Thursday it agreed to provide paid search services to Microsoft Corp.
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In an escalation of its fight for Yahoo, Microsoft will authorize a proxy fight this week, people briefed on the matter told DealBook.
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Yahoo Inc  insiders are  mulling ties to rival Google Inc  as a possible defense  to rebuff Microsoft Corp's  takeover bid, a person  familiar with Yahoo management's thinking said on Sunday.
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Microsoft Friday unveiled a hostile bid of 44.6 billion dollars for Yahoo in an effort to merge the world's biggest software company with a major Internet player to take on the Google juggernaut.