Yahoo! For Sale
Ping!
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Posted on 04/11/2016 7:33:45 PM PDT by Swordmaker
The once-great Internet pioneer is entertaining offers...reluctantly. CEO Marissa Mayer would like to see Yahoo through its struggles, but impatient investors are looking for a way to cash out.
Yahoo (YHOO, Tech30) has reportedly given interested parties until April 18 to make their offers. The company is expected to fetch something like $8 billion for its core Internet business.
Who's buying?
The list of interested parties matches the potpourri of businesses that Yahoo operates.
Media companies, such as the Daily Mail and Time Inc. (TIME), are reportedly thinking of making an offer. A Daily Mail spokesman confirmed to CNNMoney that the company is looking at bidding for Yahoo.
Technology companies, such as Google (GOOGL, Tech30) and Microsoft (MSFT, Tech30), are also reportedly looking into bidding for other pieces. Though Google isn't likely to make an offer, due to antitrust concerns, Microsoft would like to preserve its relationship with Yahoo, providing Bing search results for some search queries. Microsoft had made a $45 billion offer for Yahoo in 2008, which Yahoo successfully fought off.
Verizon (VZ, Tech30) could also be a player. It owns Yahoo rival AOL and other media assets, and the company has publicly expressed interest in taking a look at Yahoo. AOL is like a mini version of Yahoo, with a sizable digital advertising and online content business. Verizon bought AOL last year for more than $4 billion.
(Excerpt) Read more at money.cnn.com ...
“Microsoft had made a $45 billion offer for Yahoo in 2008, which Yahoo successfully fought off.”
Amazing, isn’t it?
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So if you owned Yahoo stock in 2008, today you’re... beating your head against the desk.
What the Hell was Yahoo thinking? I would have took that offer and signed it in blood.
[Marissa Mayer is toast]
Good. Been predicting that for some period of time. Yahoo has become a disaster.
what will be her payoff for running yahoo into the ground? 300 mill? 400 mill? I bet its a cool 500 million for incompentence and simply being a technobabe
Yes, Yahoo was pretty stupid. All they post as “news” any more is liberal hit pieces and they were pimping Obama and Hillary and now Bernie. They’ve slowed down on the Hillary a bit.
Those ads they started running to the right of the messages get annoying after a while, but to get rid of them, you have to pay a fee.
So I voted with my feet and now use Google for my e-mail.
Oops. . . just noticed the spell checker has been replacing Mayer with Meyer. . . damn.
I need to offload years of mail but can’t see much other than forwarding to do so.
The stinkin’ Yahoo commies still want your cell phone number. Fat chance, Yahoo.
She’s boss....
I’m thinking Google would love a strategic buy.
There is a program add-in called YPOPs that can pull those into Outlook.
Yahoo is a great resource for throw-away email accounts.
It Left winged itself from a fifty billion dollar company to an eight billion dollar company.
She has done a marvelous job!
I hope there are no buyers and this piece of crap sinks slowly into oblivion. Serves them right, liberals never learn and are incapable of it.
She was a huge Obama fundraiser.
I have to ask ..what really qualified this babe to be CEO of such a huge company. She was an early hire at a successful startup where she used to design the look and feel of web pages. But other than that what did she really do ? I read she pissed off a lot of people there before being forced out.
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