Wednesday, January 4, 2012
Yahoo Doesnt Want to be Bought...it needs to be
Yahoo co-founder Jerry Yang and other board members are telling the big private equity groups that are interested buying the company that they will not support a transaction. While this has been going on the company has also been in talk to separate out its Asian assets in a sale to its Chinese partner Alibaba group. which could be worth as much as $17 Billion which is almost as much as the company is currently worth as a whole on the market.
If the company can make this Asian deal and some how find a way to reduce its head count they have far to many people to profitable in its current state. Having a new CEO that ran Paypal should help the company as well. but he needs to really define what the company is going to do going forward or they will fail and should sell sooner rather then latter.
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