Australian ICT infrastructure and services specialist Volante has retained Macquarie Bank and Deacons to help it assess a hostile AU$129.7 million takeover offer from telecommunications player Commander Communications.
Junior telecommunications company Uecomm has lauded the "quality of business" recorded over the last two years as validating a takeover bid made by SingTel Optus last Friday.
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.
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.
Oracle director Joseph Grundfest acknowledged during courtroom testimony Thursday that the company's US$21-a-share offer for PeopleSoft may not be its last.
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.
Is PeopleSoft's founder and long-time chief executive back at the helm to accept Oracle's takeover bid, or to dig in for a long-term battle?
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