Yahoo is interested in AOL again
Following the failed takeover by Microsoft, Yahoo is apparently considering resuming merger talks with AOL. The new Yahoo board of directors has agreed to a new round of negotiations, the Financial Times reported without naming any sources.
Following the failed takeover by Microsoft, Yahoo is apparently considering resuming merger talks with AOL. The new Yahoo board of directors has agreed to a new round of negotiations, the Financial Times reported without naming any sources.
The two IT giants were already talking about combining their offers in the spring. At the time, Yahoo was in acute danger of being taken over: Microsoft offered 40 billion dollars. However, the top management around Yahoo boss Jerry Yang rejected this offer several times. Instead, they explored other options, such as a collaboration with AOL. As a result, Microsoft broke off the negotiations in frustration. This brought Yahoo criticism from various major shareholders.
US investor Carl Icahan was the most vocal critic of the failed deal with Microsoft. He ultimately won three seats for himself and his representatives on the newly elected Yahoo Board of Directors. He wants to use the board to exert pressure on Yahoo boss Jerry Yang, as he is still interested in the deal with Microsoft. He said on television last week that Yahoo had to do something with Microsoft - or Google would kill them both.
The two IT giants were already talking about combining their offers in the spring. At the time, Yahoo was in acute danger of being taken over: Microsoft offered 40 billion dollars. However, the top management around Yahoo boss Jerry Yang rejected this offer several times. Instead, they explored other options, such as a collaboration with AOL. As a result, Microsoft broke off the negotiations in frustration. This brought Yahoo criticism from various major shareholders.
US investor Carl Icahan was the most vocal critic of the failed deal with Microsoft. He ultimately won three seats for himself and his representatives on the newly elected Yahoo Board of Directors. He wants to use the board to exert pressure on Yahoo boss Jerry Yang, as he is still interested in the deal with Microsoft. He said on television last week that Yahoo had to do something with Microsoft - or Google would kill them both.
