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Yahoo now faces more pressure, hedge funds say

on Monday, June 16th, 2008 at 12:00 am

Reuters- Officially, a potential $47.5 billion deal for Microsoft Corp to buy Yahoo Inc is over, at least for now.
But longer term, hedge fund managers and analysts said the Yahoo board now faces more pressure than ever to deliver shareholder value in the wake of the collapsed deal and could be forced to reopen merger […]

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Microsoft Bid for Yahoo Probed by SEC

on Friday, June 13th, 2008 at 12:00 am

The New York Sun - Suspicions that illegal insider trading may have preceded the year’s biggest and most publicized corporate takeover attempt — Microsoft’s hostile $44.6 billion bid for Yahoo — have prompted the Securities & Exchange Commission to commence a trading probe, knowledgable regulatory sources say.
The investigation is just one of nearly a dozen […]

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