Looks like Sun Microsystems is open to renewing acquisition talks with International Business Machines IBMM) if the latter makes a stronger commitment to actually closing the deal, according to Bloomberg sources.
Analysts said the ouster of Mr. Morse, who had a history of cost-cutting, suggests Yahoo is ready to expand through renewed investments and acquisitions.
Rajeev Chand, a managing director at Rutberg & Co., says there are three reasons for a resurgence of interest: the strategic growth of the mobile Internet, a renewed interest in making acquisitions as the economy improves, and a greater number of potential acquirers.
Taylor is still involved behind the scenes in planning for the west London club's future, which Welsh said could be done "with confidence and renewed enthusiasm" upon announcing the acquisition.
Microsoft announced plans to purchase LinkedIn for $26.2 billion on Monday its biggest acquisition ever so, with renewed curiosity, I logged onto the network for the first time in some weeks.
JPMorgan's Himanshu Patel kept his "neutral" rating for the auto parts maker, saying Icahn's investment was a positive development and could spark renewed speculation of merger and acquisition activity in the sector.
Murdoch was uncharacteristically conservative when he addressed the renewed possibility of a DirecTV acquisition, saying that if News Corp. were to make a bid on the satellite outfit, it would only go after the 30% stake owned by General Motors, which is valued at about $4 billion.
But under Yahoo CEO Marissa Mayer, there was a renewed investment in Flickr, following the acquisition of several companies, including Ghostbird, IQ Engines and LookFlow, aimed at improving Flickr's software and its image recognition smarts, among other things.
It is against this backdrop that, despite Witty's comments, there is renewed talk of big mergers and acquisitions.
