Monday, 22 February 2016
Yahoo! It's for sale.
Reports are coming in that Yahoo! is actively starting to try and sell its core business. These substantiate the rumours we've been hearing for a long time and on Friday last, it's become almost 'official'.
Likely interest will come from Verizon, AT&T, Comcast, and buyout firms following pressure from investors (Goldmans, Morgans etc).
The entire company is valued at circa 28 Billion usd but that includes its now infamous stake in Alibaba of circa 26 Billion usd.
So we're not sure what is and what's not included (likely Alibaba stake is not included) but we're sure that there's a sale going on.
Shares are falling on foot of it all (-10%) on top of -34% last year. Which means there's more uncertainty.
That being the case, the answer here is to get it done and get it done, fast.
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