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What's A Few Hundred Million Dollars Between Friends? Verizon Said To Have Revised Offer For Yahoo
Wednesday, February 15, 2017 - 1:01pm | 300Shares of Yahoo! Inc. (NASDAQ: YHOO) soared to a new 52-week high of $46.72 Wednesday morning following a report that Verizon Communications Inc. (NYSE: VZ) is close to finalizing the acquisition of Yahoo's internet properties. Verizon agreed to acquire Yahoo's internet properties last year for $4....
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Pro: Marissa Mayer's Future As A CEO Is Like Hindenburg Pilot Being Asked To Fly The Goodyear Blimp At The Next Super Bowl
Tuesday, July 26, 2016 - 9:51am | 534Yahoo! Inc. (NASDAQ: YHOO)'s corporate entity radically changed on Monday after the company confirmed the sale of its Internet properties to Verizon Communications Inc. (NYSE: VZ). Related Link: This May Explain Why Verizon Wants To Buy Yahoo's Properties We know what's next for Yahoo — the...
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Verizon To Acquire Yahoo's Operating Business For $4.8 Billion
Monday, July 25, 2016 - 7:42am | 491After months of investor activism, speculation and rumors, Verizon Communications Inc. (NYSE: VZ) confirmed Friday's reports that it will acquire some of Yahoo! Inc. (NASDAQ: YHOO)'s assets. Shares of Yahoo were halted early Monday morning and resumed trading at 7:20 a.m. EDT. Shares...
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Reports: Verizon Could Be Lead Bidder To Acquire Yahoo's Assets
Friday, July 22, 2016 - 11:19am | 239After what seems like years of talks, negotiations and speculation, Yahoo! Inc. (NASDAQ: YHOO) could be days away from announcing the completion of its asset sale to Verizon Communications Inc. (NYSE: VZ). CNBC, citing sources, reported on Friday Verizon is the lead bidder to acquire Yahoo'...
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Recode: 'The Mayer Era At Yahoo Is Pretty Much Over'
Monday, July 18, 2016 - 1:14pm | 326It was merely a matter of when, not if, Marissa Mayer's reign as CEO of Yahoo! Inc. (NASDAQ: YHOO) would come to an end. According to Recode's Kara Swisher, the exact timing of this "should become clear very soon." Yahoo is scheduled to report its earnings after Monday's...
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Verizon, AT&T Enter Final Round Of Bidding For Yahoo's Internet Assets
Monday, June 13, 2016 - 8:14am | 343After a lengthy and somewhat confusing bidding process to buy Yahoo! Inc. (NASDAQ: YHOO)'s Internet assets, Verizon Communications Inc. (NYSE: VZ) and AT&T Inc. (NYSE: T) are said to be preparing their final offer. According to Reuters, the two rival telecommunications companies will...
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What Assets Is Yahoo Looking To Sell?
Friday, June 10, 2016 - 1:41pm | 287Yahoo! Inc. (NASDAQ: YHOO) is actively looking for buyers to acquire its Internet properties. But, which of its many Internet properties are for sale? All of them? Some of them? Recode's Kara Swisher attempted to answer this difficult question that continues to confuse investors. Swisher pointed...
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Verizon Reportedly Bids $3 Billion For Yahoo's Core Internet Assets
Tuesday, June 7, 2016 - 7:26am | 343Yahoo! Inc. (NASDAQ: YHOO) is expected to receive a bid for its internet properties from Verizon Communications Inc. (NYSE: VZ), but it may not necessarily be pleased with the offer. The Wall Street Journal, citing "a person familiar with the matter," reported late Monday evening that...
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Bidding Prices For Yahoo's Internet Assets Notably Below Prior Expectations
Friday, May 20, 2016 - 7:56am | 335Shares of Yahoo! Inc. (NASDAQ: YHOO) tumbled 5 percent Friday morning following a concerning report from The Wall Street Journal that the company's asset sale process may not be proceeding according to plans. Yahoo has been looking to sell its Internet assets for quite some time and the...
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Jeff Smith: Yahoo Could Fetch '$10 Billion-Plus' For Its Internet Assets If A Buyer 'Cared Enough For It'
Tuesday, April 19, 2016 - 1:38pm | 348Jeff Smith is an activist investor and CEO of Staboard Value. His firm also holds a major stake in Yahoo! Inc. (NASDAQ: YHOO) and has already declared an activist battle against the firm. Speaking to CNBC, Smith said a major grievance against Yahoo was the fact the company has an established...
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Daily Mail's Parent Company Said To Be Teaming With PE Firms To Bid On Yahoo's Internet Assets
Monday, April 11, 2016 - 7:28am | 261Shares of Yahoo! Inc. (NASDAQ: YHOO) were trading higher by more than 1 percent early Monday morning following reports that Daily Mail and General Trust is teaming with private equity firms to acquire Yahoo's internet assets. UK-based Daily Mail and General Trust is best known for its daily...
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Report: Verizon's Tim Amstrong Given 'Leading Role' In Evaluating Yahoo's Assets For A Potential Bid
Monday, February 8, 2016 - 3:35pm | 247Verizon Communications Inc. (NYSE: VZ) has tasked Tim Armstrong, CEO of its AOL unit, a "leading role" in evaluating a potential acquisition of Yahoo! Inc. (NASDAQ: YHOO)'s internet assets, according to Bloomberg. Citing "a person with knowledge of the situation,"...