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On the Morning Wire: 2-1-08

Posted on 1.31.2008
The following are press releases that caught our attention today, February 1th, 2008. If you have a news announcement you would like to share with the Website Magazine community, please contact Website Magazine editors now or submit it to WM Share.

Microsoft Proposes Acquisition of Yahoo!

Microsoft Corp. (NASDAQ:MSFT) today announced that it has made a proposal to the Yahoo! Inc. (NASDAQ:YHOO) Board of Directors to acquire all the outstanding shares of Yahoo! common stock for per share consideration of $31 representing a total equity value of approximately $44.6 billion. Microsoft’s proposal would allow the Yahoo! shareholders to elect to receive cash or a fixed number of shares of Microsoft common stock, with the total consideration payable to Yahoo! shareholders consisting of one-half cash and one-half Microsoft common stock. The offer represents a 62 percent premium above the closing price of Yahoo! common stock on Jan. 31, 2008.
 Sitebrand Announces the Launch of Retail Marketing Suite v6.1
 Integration with Google and Coremetrics central to marketing accountability theme.
 Read the release
 IT360° Conference & Expo: Registration Open and David Rice Announced as Opening Keynote Speaker
 Registration is now open for IT360° Conference & Expo, Canada's only comprehensive IT event dedicated to providing business professionals complete IT solutions. Read the release
 Adhost Achieves Microsoft Gold Certified Partner Status
 Adhost Internet, a leading provider of Seattle colocation and shared server hosting in downtown Seattle, announced that it has achieved Microsoft Gold Certified Partner status in the Microsoft Partner Program. Read the release
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