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October 22, 2011

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

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17:55 // 2 years ago
September 7, 2011

With CEO Carol Bartz fired, is Yahoo preparing to sell itself?

  • 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

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10:51 // 3 years ago