Sunday, September 18, 2011

Yahoo says it will retain its independence?

The Yahoo portal will he able to reject a new proposal for redemption? Nothing is less certain and several investors have expressed interest. In any case, a rumor circulating for several days.

Following the dismissal of high-profile CEO Carol Bartz last week, some argue that the Board is working on all possible options to remedy the situation, including resale of the portal. If the Sunnyvale firm recorded a decline in its advertising market and is left without leadership, several of its sites, however, remain in pole position in their respective markets (News, Sports, Finance) or in the top three (Mail, Messenger, Shopping) . According to the Wall Street Journal several investors have already approached the Board for a possible takeover of the portal hold 680 million users.

Among those interested, the blog AllThingsD says Marc Andreessen known for founding Netscape and invested in the community RockMelt browser. The latter takes part in the investment fund Silver Lake. This acquisition would also involve the Russian firm Digital Sky Global Technology, which had invested including $ 200 million in Facebook, $ 100 million on Spotify and repurchased ICQ to $ 187.5 million. Other investors are interested, including Peter Chernin, formerly head of News Corp already owns Alibaba and China Yahoo declination

Roy Bostock, who was fired by phone Carol Bartz, shall serve as interim CEO while facing the wrath of shareholders impatient. One of them, Daniel Loeb, have particular wants more control and thus increase its share in the company which is currently 5.1%. According to some sources, it would be trying to convince the founder Jerry Yang to get rid of Mr. Boystock. In short we have understood the situation is not all pink and a new proposal for purchase from Microsoft would not be excluded that the Redmond company has already invested $ 8.5 billion on Skype this year. For its part, Yahoo is valued at $ 18.5 billion.

No comments: