Yahoo Protects Employees in Case of Takeover
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Two new severance plans will set severance in case Microsoft's unsolicited takeover bid succeeds.
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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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Microsoft says its billion-dollar offer to purchase Yahoo is "fair" and suggested that it may pursue a hostile takeover of the Internet company.
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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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A committee that deals with antitrust issues plans to look into the proposed $3.1 billion merger next week. The search giant and its rivals, Microsoft and Yahoo, are expected to testify.
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Rupert Murdoch's News Corporation is negotiating to rescue the embattled internet company Yahoo
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By MICHAEL LIEDTKE   Associated Press writer  SAN FRANCISCO -- Yahoo Inc. is tackling its most difficult challenge since the dot-com bust with sweeping organizational changes aimed at cleaning up a mess of the Internet icon's own making.
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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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Yahoo chief executive Jerry Yang sent a message to employees on Wednesday, assuring them the firm's leaders are exploring ways to avoid a takeover by software giant Microsoft.
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Yahoo and Microsoft would still be the underdog in the increasingly important business of Web search if Microsoft's unsolicited $44.6 billion bid to buy Yahoo is approved by regulators and Yahoo shareholders.
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By MICHAEL LIEDTKE  SAN FRANCISCO - It's not the blockbuster that some industry analysts envisioned, but Yahoo Inc. has sealed its first deal under new Chief Executive Jerry Yang.
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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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Yahoo said yesterday that it would offer severance packages to employees affected by any change in control of the company as analysts predicted that Microsoft would wage a proxy battle rather than increase the value of its takeover bid.
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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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The surprise offer of $31 a share, which represents a 62 percent premium to Thursdayâs closing price, would bring relief to Yahooâs long-suffering shareholders.
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In what may be a sign that its investor base is growing restless, Yahoo sent a letter from its chief executive, Jerry Yang, to shareholders Wednesday explaining the Web company's decision to turn down a takeover offer from Microsoft and laying out its turnaround strategy. The letter went well beyond Mr. Yang's previous e-mail to Yahoo [...].
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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.