Thursday, August 14, 2008

Yahoo spent $36M on advisers

<A HREF="http://www.newsfactor.com/story.xhtml?story_id=61323">Yahoo shelled out $36 million in the first half of 2008 to outside advisers</A> that helped the company navigate stormy buyout talks with Microsoft and the ensuing proxy threat from activist investor Carl Icahn.

Yahoo leaned on investment banks Goldman Sachs Group, Lehman Brothers Holdings, Moelis & Co., and the law firm Skadden Arps Slate Meagher & Flom, after Microsoft made its initial $44.6 billion offer, which was made public in February.

News Timeline



From Our Sponsor