Microsoft offered $9 bln for Yahoo stake, search deal (Reuters)

June 13, 2008

Microsoft runs across a news ticker above a Yahoo sign in New York City May 19, 2008. (Joshua Lott/Reuters)Reuters - When Yahoo Inc turned down the latest offer from Microsoft Corp this week, it walked away from $9 billion in cash and $1 billion a year in additional operating profit, Microsoft said on Friday.


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MTN says will pursue Reliance talks as ownership row flares (AFP)

June 13, 2008

Chairman and Managing Director Reliance Industries Mukesh Ambani answers a question during the India Economic Summit in New Delhi, 2007. South African telecom giant MTN said on Saturday it was still pursuing tie-up talks with Reliance Communications after a dispute erupted over who has the first right to buy the Indian cellular operator.(AFP/File/Manpreet Romana)AFP - South African telecom giant MTN said on Saturday it was still pursuing tie-up talks with Reliance Communications after a dispute erupted over who has the first right to buy the Indian cellular operator.


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Google grows stronger in Microsoft-Yahoo fallout (AP)

June 13, 2008
AP - Microsoft Corp.'s abandoned takeover bid for Yahoo Inc. appears to have culminated with a disheartening thud for those two companies but amounted to yet another coup for online search leader Google Inc.No tag for this post.

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