Texas Business Lawyer

After rejecting Microsoft’s $31 per share takeover bid recently, Yahoo has come under fire from shareholders, most prominently investor Carl Icahn, who has launched a proxy battle seeking to replace the company’s board of directors.  But now, Microsoft and Yahoo are once again sitting down to the bargaining table. This time, the topic of discussion is a proposed partnership between the two companies, the details of which are yet to be released. Still, say many analysts, the partnership proposal is likely to be just another step in Microsoft’s eventual effort to buy out Yahoo.

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