Tag: takeover
Vodafone in rumoured RIM takeover for BlackBerry
New rumours are suggesting that mobile operator Vodafone may be lining up a takeover bid of BlackBerry phone makers RIM. Neither company has commented on the speculation, but that's not stopped the stock market from doing some of the talking…
Justin Timberlake planning X-Factor style Myspace talent show
Justin Timberlake may have only recently nabbed himself an ownership stake in the flailing social network MySpace, but it seems the SexyBack star already has big plans for the website. Chief among these is a possible X-Factor style talent…
Facebook and Google both chasing Skype
Facebook are said to be attempting either a takeover or partnership with popular VoIP firm Skype, a new report states. Figures of as much as $4bn have been bandied about by Zuckerberg's empire, should Reuters sources "with direct knowledge of…
Six potential buyers somehow found for MySpace
The knackered social platform MySpace is up for sale – and owner News Corp has somehow managed to round up six potential bidders. Rupert Murdoch's company paid $580 million for MySpace in 2005, when it was at the peak…
Vodafone interested in buying T-Mobile
Last month we told you that T-Mobile may well be on the verge of a sell out or merger since a spokesman from their parent company, Deutsche Telekom, expressed disappointment at their results in the UK market.
The FT is reporting this morning that it could be Vodafone who is in pole-position to mount a takeover.
If a buy-out was to go ahead it would make Vodafone the largest mobile phone operator in the UK. Currently O2 is the biggest, with a 27% share but if Vodafone’s 25% share was supplemented by T-Mobile’s 15% then they’d have a whopping 40% share.
This might be the proposed moves downfall though. Competition regulators may veto the takeover in the interests of market fairness.
Both Vodafone and T-Mobile have refused to comment so far although shares in both companies have risen in the market this morning.
(via The FT)
Sky looking to take over Tiscali broadband
Not only is Sky spending heavily on advertising at present, hoping to improve upon its recent increase in subscribers, but it could be about to bid a cool £450m for the broadband provider Tiscali.
If Sky’s take-over of Tiscali, with around 1.2m broadband subscribers, is successful it would put its broadband business into third place, behind BT and Virgin Media…
Yahoo! start discussions with AOL
It’s been a little while since the “Microhoo” shenanigans of earlier this year where titans Microsoft tried to take over the struggling Yahoo! Yahoo! haven’t really got too far since – a hoped-for ad deal with Google is struggling to get regulatory backing, and investors are worried…
Take-Two ordered to explain why it's not pulling its weight with FTC investigation into EA takeover bid
Shenanigans are afoot at Take-Two Interactive Software, publishers of that surprise video game hit, Grand Theft Auto IV. Shenanigans that lead to a full blown brouhaha if it’s not careful. A federal court has now asked the company to attend a hearing to explain why it has refused to comply with the Federal Trade Commission’s investigation into the takeover bid by Electronic Arts.
Yahoo bides for time to prevent shareholder revolt
Yahoo has postponed its annual shareholder meeting from July 3rd to some point later in the month. This is believed to be designed to give Yahoo’s board the chance to prepare itself in the face of mounting rebellion from shareholders…
Microsoft steps away from Yahoo bid, but the courtship continues
While we at Shiny we’re taking our Bank Holiday Monday, donning flip-flops and sipping cocktails in the balmy May weather, Microsoft and Yahoo had a bit more of a stressful weekend. As promised, Microsoft came to a conclusion about its bid to buy out the company and decided to give up and walk away from the 3 month long negotiations…