Microsoft Open to a Yahoo Deal If Icahn's Board Takes ChargeMicrosoft Open to a Yahoo Deal If Icahn's Board Takes Charge

<a href="http://dealbook.blogs.nytimes.com/2008/07/07/icahn-microsoft-deal-possible-if-yahoo-board-is-ousted">The New York Times</a>

Jim Manico, OWASP Global Board Member

July 7, 2008

1 Min Read
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Microsoft would be willing to once again discuss a deal with Yahoo if investor Carl Icahn's proposed board is elected."After the shareholder election Microsoft would be interested in discussing with a new board a major transaction with Yahoo!, such as either a transaction to purchase the 'Search' function with large financial guarantees or, in the alternative, purchasing the whole company," Microsoft confirmed in a statement released today.

Frustrated that a Microsoft-Yahoo merger never came to fruition, in mid-May Icahn submitted his own slate of directors to replace Yahoo's current board; Yahoo's annual shareholder meeting is Aug. 1.

Shares in Yahoo jumped 10.4 percent in early trading Monday, to $23.58.The New York Times

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About the Author

Jim Manico

OWASP Global Board Member

Jim Manico is a Global Board Member for the OWASP foundation where he helps drive the strategic vision for the organization. OWASP's mission is to make software security visible, so that individuals and organizations worldwide can make informed decisions about true software security risks. OWASP's AppSecUSA<https://2015.appsecusa.org/c/> conferences represent the nonprofit's largest outreach efforts to advance its mission of spreading security knowledge, for more information and to register, see here<https://2015.appsecusa.org/c/?page_id=534>. Jim is also the founder of Manicode Security where he trains software developers on secure coding and security engineering. He has a 18 year history building software as a developer and architect. Jim is a frequent speaker on secure software practices and is a member of the JavaOne rockstar speaker community. He is the author of Iron-Clad Java: Building Secure Web Applications<http://www.amazon.com/Iron-Clad-Java-Building-Secure-Applications/dp/0071835881> from McGraw-Hill and founder of Brakeman Pro. Investor/Advisor for Signal Sciences.

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