Microsoft, Icahn Align Interests on Yahoo

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We haven’t been posting every twist and turn in the seemingly eternal on-again, off-again Microsoft-Yahoo takeover saga. But this morning’s developments are significant. Microsoft now says that efforts by dissident Yahoo shareholder Carl Icahn to replace the Yahoo board could accelerate a Microhoo merger. In throwing its weight behind Icahn’s proxy battle for control of the Yahoo board, Microsoft is taking its case to Yahoo’s shareholders, who may soon have the chance to cast the deciding vote in whether the company will continue on its own or be bought by Microsoft.

Check out the full statements from Microsoft and Icahn for more details. Meanwhile, the UK’s Times Online reports that Yahoo spent the July 4 holiday weekend in discussions with Goldman Sachs and Time Warner about defensive partnerships.

About the Author

Rich Miller is the founder and editor at large of Data Center Knowledge, and has been reporting on the data center sector since 2000. He has tracked the growing impact of high-density computing on the power and cooling of data centers, and the resulting push for improved energy efficiency in these facilities.