Oracle and BEA Systems have traded salvos over the series of events that led to Oracle's bid for the company.
Investor activist Carl Icahn and Microsoft on Monday asked Yahoo investors to oust Yahoo's board and in its place elect Icahn's dissident slate, potentially paving the way for a purchase of the internet company in its entirety or just its search assets.
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 announced on Saturday night that it rejected a joint-buyout proposal that Microsoft and investor activist Carl Icahn offered the night before, which called for a "complex restructuring" and sale of Yahoo's search business to Microsoft.
BEA Systems is expected to let Oracle's US$6.7 billion buyout offer expire, as the two rivals dig their heels in deeper.
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.
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?
Chasing Ballmer in Sydney
Where's Ballmer? In this video, ZDNet.com.au journalist Liam Tung chases Steve Ballmer around the stree… Watch it now
NBN needs workers on board
D'Ascenzo: Read p23 of security review
Opening the floodgates on missing drives
'At The Whiteboard' Video Series
Click here to learn more about Microsoft Windows Server 2008 and Hyper-V technology.
Click here for more.
CXO's Unplugged - Real Business Insight
Phil Dobbie interviews business leaders to reveal their thoughts on various management challenges.
Click here to see the latest video.
Printer Superguide
Looking to buy a printer? Our superguide rates the latest printers and shines a light into the industry.
Click here for more.