After having snubbed Microsoft's initial takeover proposal, reports have indicated that Yahoo is still counting on the software giant to mount another acquisition bid, should its attempts to play the field backfire.
A small group of investors in Unwired are calling on their peers to reject the AU$127 million takeover offer made by Seven, claiming that the offer undervalues the potential that WiMax spectrum offers.
Yahoo is calling on Microsoft to bump up its buyout bid, but the trouble is a number of the Internet giant's largest investors own shares in both stocks.
The bulk of shareholders in ASX-listed Unwired are yet to respond to Seven's proposed takeover of the wireless company, with only 21 percent of shareholders accepting the AU$127 million deal to date.
Seven has extended its takeover offer for WiMax spectrum holder Unwired a fourth time, as it edges achingly close to the 90 percent acceptance required for whole ownership of the business.
As Microsoft's deadline for Yahoo to accept its takeover bid passes, the tech world is still waiting for information from either company on their wedding plans.
OK. So anti-trust lawyers would have a field day but consider this -- the software giant is on an official spending spree and this is the best time to spread its wings ... to become the Coca-Cola of the IT industry.
Supersize me. If technology companies ranging from software powerhouse Oracle to fast-growing Net hotshot Skype could share a motto, it would be that oft-ridiculed fast-food pitch.
Don't rush into a Vegas-style marriage when acquiring a company, warns Ram Gupta of PeopleSoft. Take your time and get to know each other properly during the 'dating' phase.
With Yahoo apparently off the table, what's Microsoft's back-up plan? Try again for Yahoo or go for a new target?
Palm pioneered the smart phone, but if rumours prove true, the Treo maker may not survive as an independent company to watch its creation move from the corner office to the street corner.
The mobile phone manufacturer has bought multiplayer technology from Sega for its new hybrid games handset.
History of British PCs
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