homepage Welcome to WebmasterWorld Guest from 54.224.202.109
register, free tools, login, search, pro membership, help, library, announcements, recent posts, open posts,
Pubcon Platinum Sponsor 2014
Home / Forums Index / Search Engines / Asia and Pacific Region
Forum Library, Charter, Moderators: bill

Asia and Pacific Region Forum

    
Softbank to keep Yahoo Japan stake
bill




msg:3569464
 8:23 am on Feb 8, 2008 (gmt 0)

Softbank to keep Yahoo Japan stake [ft.com]

Softbank, the Japanese telecommunications and internet group, said it had no intention of selling its 41 per cent stake in Yahoo Japan after Microsoft’s $41.8bn bid for Yahoo, the US search engine group.

“We will consider the [Microsoft] bid in light of our overall Yahoo strategy,” said Masayoshi Son, Softbank’s president. “We have no intention of selling our Yahoo Japan stake.”

Mr Son also said that Softbank, which owns 3.9 per cent of Yahoo, had no plans to take part in a counter-bid for the US company, which owns 33 per cent of Yahoo Japan.


 

jeffposaka




msg:3569623
 1:28 pm on Feb 8, 2008 (gmt 0)

I haven't been this interested in a story in a long time. I wondered what his reaction would be or if they consulted him first. Can Microsoft take over Yahoo USA with out Yahoo Japan? Or would they take over both companies? Pretty interesting.

bill




msg:3577515
 2:29 am on Feb 18, 2008 (gmt 0)

Another related article:

Softbank Holds Big Cards in Microsoft-Yahoo Bid [cnbc.com]

"Whoever controls Asia, controls the world," Softbank's President Masayoshi Son told reporters last week. "Yahoo's Asia business are strong attractions for Microsoft."

Under an agreement with Yahoo, Softbank can veto any sale or purchase by Yahoo of Yahoo Japan shares, according to Yahoo Japan's financial documents. That could affect a transfer of Yahoo Japan shares to Microsoft.


Global Options:
 top home search open messages active posts  
 

Home / Forums Index / Search Engines / Asia and Pacific Region
rss feed

All trademarks and copyrights held by respective owners. Member comments are owned by the poster.
Home ¦ Free Tools ¦ Terms of Service ¦ Privacy Policy ¦ Report Problem ¦ About ¦ Library ¦ Newsletter
WebmasterWorld is a Developer Shed Community owned by Jim Boykin.
© Webmaster World 1996-2014 all rights reserved