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Thursday, August 25, 2005

EDS Punts ATK Sale

File this under: Saw it coming from a mile away...
"Electronic Data Systems Corp. said Wednesday that it expects to reach a decision by the end of the year on the sale of its A.T. Kearney unit, later than it previously expected.


The delay comes amid reports that EDS's talks to sell the high-end consulting arm to another consulting firm, Monitor Group, collapsed after negotiations failed to yield an acceptable agreement."

And further...
"Monitor Group was reportedly the sole bidder for the consulting business that Plano, Texas-based EDS bought about a decade ago for around $600 million."
Ouch. A single-bidder process -- not good. It's amazing how many people think they can just execute an M&A process any ol' time. They will learn.

11 Comments:

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Yahoo News - Oct. 13, 2005


Yahoo Japan steps up mobile content distribution (Reuters via Yahoo! News)
Yahoo Japan Corp. said on Thursday it had launched a mobile content distribution service, in which cellphone users can buy games, ring tones, news and other entertainment and information from 59 content providers.


Microsoft, Yahoo to link instant messages (USATODAY.com via Yahoo! News)
Microsoft and Yahoo will make their instant-messaging programs work together, a partnership that could give the companies more power to compete against market leader America Online. The companies expect the service to start by June 2006.


Yahoo to Bar Minor-Adult Sex Chat Rooms (Washington Post)
NEW YORK -- Yahoo Inc. said Wednesday it will bar chat rooms that promote sex between minors and adults and restrict all chat rooms to users 18 and older.

Today's News From & About Yahoo


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