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.
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 talks broke down on Saturday, Microsoft CEO Steve Ballmer sent this letter to Yahoo chief Jerry Yang, signalling the end of the epic takeover attempt.
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 and BEA Systems have traded salvos over the series of events that led to Oracle's bid for the company.
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.
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