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Analyst Roger Phillips at Merchant Securities said the deal could re-awaken speculation of a takeover over Sage by the US giant: These [bid rumours] were last heard in 2003 with Microsoft on an acquisition trail in SME software (Navision and Great Plains).
Since then, Yang has helped nix a takeover over from Microsoft, overseen the launch of a pair of efforts that have yet to counter Google's edge in search advertising and caved to Carl Icahn's threat of a proxy fight by giving up three seats on Yahoo's board to the corporate raider.
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BSkyB is expected to have an involvement in Channel 5 if Viacom pulls off a takeover, by taking over the broadcaster's advertising sales and giving it greater competitive clout against bigger rivals ITV and Channel 4. Viacom declined to comment.
This puts the MetroPCS board into "Revlon-land" (referring to a 1985 Delaware decision in a takeover battle over Revlon), requiring the board to obtain the highest price reasonably available for the sale of the company.
"The chances of a takeover have increased over the last three months.
For example, one option would have been to orchestrate a takeover of Northern Rock over a weekend, so that depositors woke up on Monday to find themselves customers of a much stronger bank.
The British telecoms company has been locked in a long-running legal battle with Indian authorities over allegations that it owes nearly $2.2bn in taxes over a takeover deal.
General Motors officials arrived in Seoul yesterday for what may be the final round of talks with the creditors of Daewoo Motors over a takeover of the bankrupt carmaker.
But a pall could be cast over a takeover bid of the refinery, with new laws allowing the Queensland government to pursue those who profit from failed resource projects that leave expensive cleanup bills.
The auto parts maker Continental said it had ended a weeks-long standoff over a takeover bid from a smaller rival as its suitor, Schaeffler, raised its offer and agreed to limit itself to a minority stake for four years.
A revolt among investors over a takeover bid involving two Canadian telephone companies is the latest sign that a long tradition of politeness toward corporate directors and managers north of the border is eroding.
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