outstanding shares

Last month, Microsoft announced it was going to spend $40 billion buying back its own stock. Traditionally, that would have meant a payday for its investors.

With Microsoft using its own spare cash to reduce the number of outstanding shares, earnings per share should have improved, and the stock price should have ticked upwards.

EDS said Thursday that shareholders have approved the HP acquisition of the IT services company. Internally, employees at EDS are concerned about layoffs.

According to a statement, 98.8 percent of EDS common stock was voted for the HP deal–that equates to 72.4 percent of the outstanding shares.

Swiss drugs firm Roche offers to buy all outstanding shares in its US partner Genentech for $43.7bn.

Yahoo’s argument that billionaire investor Carl Icahn is a short-timer with no clear plan to run the company has won over a key investor.

Legg Mason. Legg Mason said Friday that it will vote for Yahoo’s slate of directors. Legg Mason owns 60.7 million shares, or 4.4 percent of the outstanding shares.

Nothing like scanning the headlines and finding out your parent company has been acquired. CBS Corporation To Acquire CNET Networks, Inc.

The details: “Under the terms of the agreement, CBS will make a cash tender offer for all issued and outstanding shares of CNET Networks for $11.50 per share, representing an equity value of approximately $1.8 billion.

Electronic Arts plans to make a $26-per-share tender offer for all outstanding shares of game publisher Take-Two following the rejection of an unsolicited bid, the Wall Street Journal reported on its Web site Wednesday night, citing people familiar with the matter.

The bid for the rival publisher of the Grand ...