Week in Tech History – Proxy Battle On; Microsoft’s Last Bid
Last Updated on February 24, 2024 8:51 am by Jeffrey Powers
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This was a pivitol week on the Yahoo Proxy battle as everything was approved to go. Carl Icahn was given the green light to lobby shareholders and possibly win control to ready for a new Yahoo. The previous week, we saw all the reports of Carl Icahn making the statement: Jerry Yang must go. This week was no different.
In the meantime, Microsoft made one more offer. This time it wasn’t for the whole company – it was only for the search engine. $35 a share for Yahoo Search. This was significant because this was the same bid Microsoft did back in February for the whole company.
Other great items in the Week in Tech History Quickcast – TI/99 restructures, Jacques Cousteau was born. We also saw Commodore, new Intel and AMD processors and the Ruputer was introduced. All this on the Geekazine Quickcast.