Federal trade commission approves Yikanzeng to hold Yahoo share
May 31, 2008
[dispatch of Sai Di net] on May 31 message, american antitrust management department has approved billionaire investor the Yahoo share that Carl Yikan buys 1.5 billion dollar of value again.
Yi Kan rejects Microsoft in Yahoo last month 47.5 billion dollar is bought equity representative was initiated to struggle after wanting to make an appointment with, should change the directorate member of Yahoo. Yi Kan says, yahoo rejects Microsoft to buy dispute reason, 10 director that and nominate include oneself inside replace Yahoo present directorate member.
To the advantage is gained in equity representative fight, the stock that Yi pits to had invested 10 much dollars to buy 59 million Yahoo and stock period authority, make he has Yahoo the share of 4.3% . He still asks commission of American federal trade approves him to buy maximum value to be worth the Yahoo stock of 2.5 billion dollar, include him to hold some shares at present among them.
Commission of American federal trade finished antitrust to examine on Friday ” inchoate end period ” and released to trade list. Inchoate end period it is to point to federal trade commission before 30 days of term that code of forestall of judiciary basis law decides expire, perhaps finish examine.
Although Yikanming states he wants to sell Yahoo to Microsoft truly, but, unwarrantable Microsoft still is interested in buy Yahoo.
Yahoo share dropped on Friday 31 cent, closing quotation price is 26.76 dollars.
Tags: approves, commission, Federal, hold, trade, Yahoo, YikanzengAdvertisement
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