Newspaper wrap-up: Google looks to torpedo Microsoft’s tender for Yahoo!
MAJOR PAPERS:
- The Wall Street Journal reported that U.S. and European antitrust regulators are expected to carefully scrutinize Microsoft Corporation’s (NASDAQ: MSFT) $44.6B tender for Yahoo! Inc (NASDAQ: YHOO), which could possibly delay a completed deal for up six months.
OTHER PAPERS:
- Google Inc (NASDAQ: GOOG) is seeking to torpedo Microsoft’s tender for Yahoo!, sources reported. The New York Times said Google has offered to help Yahoo! defeat the tender by creating a partnership within the two search engine giants
- Aluminum Corporation of China, Chinalco, and Alcoa Inc (NYSE: AA) have teamed up to complicate BHP Billiton Limited’s (NYSE: BHP) courtship of Rio Tinto Plc (NYSE: RTP), Globe and Mail reported.
WEB SITES:
- According to sources, Tech Crunch reported that News Corporation (NYSE: NWS) may be putting together a “syndicate” in order to manufacture a counter offer for Yahoo!.
Original post by Laurie Pasternack
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