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Pickens Follows Icahn With Big Yahoo Buy

Pickens Follows Icahn With Big Yahoo Buy

By WebProNews Staff May 20, 2008

Billionaire oilman and investor T. Boone Pickens told the world he followed Carl Icahn’s Yahoo investment with a 10 million share buy.

New eBay-StumbleUpon Takeover Rumors Surface

The rumors of a deal between eBay and StumbleUpon may soon become facts – the latest report indicates that the two companies are in “advanced talks.”  And this news comes straight to you from “people familiar with the matter.”

Social Media & Keeping the Conversation Going

If you followed the Stowe Boyd kerfuffle a few months ago – the one in which he says, broadly, that PR people don’t “get it” regarding social media – you’ll be interested in listening to Stowe talking to Eric Schwartzman in the latest

Friendster Seeks A Takeover Friend

Intense competition from News Corp’s MySpace may have 2002 social networking darling Friendster ready to play “Let’s Make A Deal.”

MySpace Pays Off Spitzer

The new owner of MySpace parent Intermix, News Corp, has seen the adware case brought by New York AG Eliot Spitzer settled for $8.25 million.

PepsiCo Denies Danone Takeover Plans

After two weeks of speculation that PepsiCo was going to launch a hostile takeover bid for France’s Danone, shares of Danone went up 20%.

Archipelago Shares Skyrocket On Takeover From NYSE

Archipelago Holdings shares went up 55% after the announcement that the company agreed to be taken over by the New York Stock Exchange.

VSNL Receives Approval For Tyco Takeover

Videsh Sanchar Nigam Ltd (VSNL) has received approval from a U.S. panel to take over Tyco Global Network.

Shareholder Sues MCI To Block Takeover

An MCI shareholder has sued MCI in an effort to block the company from being taken over by Verizon Communications.

Circuit City Recieves Takeover Bid

Circuit City received an unsolicited takeover bid of $3.25 billion from Highfields Capital Management LP to take the company private.

Treasurer Approves Xstrata Takeover of WMC

Treasurer Peter Costello approved the takeover of WMC Resources by Xstrata keeping Glencore out of any role in marketing Australian uranium.

Southcorp Profits May Prevent Foster’s Hostile Takeover

Southcorp believes it can battle Foster’s Group’s hostile $3.1 billion takeover bid thanks to a big increase in half-year net profit.

Video Game Publishers Are Takeover Targets

An interesting article in the Wall Street Journal today makes the case that 2005 will be the year of takeovers in the video game industry.