Yahoo sold to US telecoms giant Verizon

Post by cptskippy » Mon, Jul 25, 2016, 2:23 PM UTC

Doctor_Fegg wrote: post #247

086421357909764 wrote: post #245

Earlier quoted context omitted.

Unless there's still a Yahoo (with the patents, Alibaba stake, and whatever else is left over), which in that case she could technically stay. I'd imagine most of that is going onto the block too.

AIUI Verizon is buying the brand, so although there'll be corporate continuity from today's Yahoo! to Lucky Internet Investments Inc. (or whatever the China/Japan/patents vehicle is called), "staying at Yahoo" means "moving to Verizon".

Post by colmvp » Mon, Jul 25, 2016, 2:28 PM UTC

chollida1 wrote: post #226

Yahoo got all cash, which is nice as it gives them more flexibility, the last thing they'd want after the Alibaba spin off fiasco is to have to try and sell 4.83 Billion in Verizon stock. Bloomberg just put up a head line saying that Yahoo will return all the cash, minus Operating Costs to the share holders. If anyone has any guess as to how much "operating costs" will be, please email:) So I guess queue Alibaba and…

Post by [deleted] » Mon, Jul 25, 2016, 2:34 PM UTC

rekshaw wrote: post #227

can someone explain why yahoo is worth a penny?

Post by andyidsinga » Mon, Jul 25, 2016, 2:43 PM UTC

SeanDav wrote: post #240

moinnadeem wrote: post #233

Earlier quoted context omitted.

Soon-to-be a freshman in college. If you don't mind me asking, what career path do you wish you took?

I believe he was being a being slightly tongue in cheek. In reply to your question though - never follow the money, follow the path where your interests lie and where your strengths lie. Biggest career mistake I ever made was to move from a job I really enjoyed to another because they offered to more than double my salary.

Post by jonknee » Mon, Jul 25, 2016, 2:51 PM UTC

beagle3 wrote: post #197

jonknee wrote: post #186

Earlier quoted context omitted.

Adjusted for stock returns (since it was an all stock deal), $1.3b. And that includes the huge Alibaba stake that is most of Yahoo's value, if that deal never happened and Yahoo was just what Verizon bought the total would be ~$169m. Mark was smart and bought puts to protect his stake and then sold it so that he wasn't tied to Yahoo. In retrospect he was really smart.

> Mark was smart and bought puts to protect his stake and then sold it so that he wasn't tied to Yahoo. In retrospect he was really smart. Also questionably legal. There's this little thing called SEC Rule 144 [0], which forbids this kind of action (attempting to preempt pump-and-dump IPOs and mergers). I have no knowledge of the specific details involved, but I find it unlikely that Cuban was not subject to Rule 144…