Microsoft reopens door to Yahoo acquisition
InformationWeek | at | by Mike
Despite repeatedly saying it was no longer interested in purchasing all of Yahoo, Microsoft has decided to reopen that door anyway after long talks between Microsoft CEO Steve Ballmer and would-be Yahoo usurper and hedge fund manager Carl Icahn, according to documents released Monday.
In a statement, Microsoft said that it would be interested in pursuing Yahoo again if Icahn is successful in his bid to overhaul Yahoo's board of directors during the company's annual shareholder meeting on August 1. Icahn may have his work cut out for him: Reuters reported last months that major investors were unsure if they would support him.