yahoo sale: ShortFormBlog

17:55 • 1 year ago

Google may swoop in to save Yahoo — for antitrust reasons

what Google is reportedly in talks to help with an acquisition of Yahoo, which is kind of looking like a rudderless ship these days after Carol Bartz’s departure. They have tens of billions of dollars in the bank; they can do this pretty easily.
why If Google were to help — it’s not a sure thing — it would effectively allow them to prop up a competitor in the market, which would help them fend off antitrust claims. Think Microsoft swooping in to help Apple back in 1997. source

10:51 • 1 year ago

fired Last night, Carol Bartz got pushed out at Yahoo, a move that, while swift, wasn’t totally unsurprising — she didn’t exactly win a lot of fans for her handling of the company over the past two years. The stock price went up immediately after the announcement.
sold? Now, a Wall Street Journal article uses this phrase: “One of these [independent directors] said Yahoo is open to selling itself to the right bidder.” Yahoo famously dodged a sale to Microsoft in 2008, and since then, their value has declined significantly. Oops. source