Why Yahoo! profitable to drive the nose of potential buyers
As you know, the company Yahoo! considering the possibility of selling a business. We are talking about a group of sites, the income from which brings online advertising. Yahoo announced its intention to sell its core business in February 2016 for the second time. The first messages on this topic appeared in December 2015.
Earlier it was reported that the negotiations on the sale will go into the active stage on April 11. However, a week has passed since then, and things have been there.
Potential buyers include SoftBank , General Atlantic , The Daily Mail , Verizon, and even Microsoft . From this list, the most serious intentions for media holding Verizon. They even picked up their candidate for the role of Yahoo!
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However, Fortune experts believe the Yahoo! (or part of it) leads by the nose of respected people, but in fact it is not going to sell the business.
This is what one of the interlocutors of the publication on this topic thinks: "It's been a f --- ing joke". His statement of translation does not require.
Practically no potential buyer was able to personally meet and discuss the terms of sale with Yahoo CEO Marissa Mayer and CFO Ken Goldman.
To participate in the discussion of the transaction refused the company Time Inc. , Alphabet Inc. , Comcast Corp. , AT & T Inc. and InterActiveCorp .
Perhaps Meyer is sabotaging and delaying negotiations in order to gain time to prepare for the “uprising,” writes Business Insider. She now allegedly assembles a “support group” of the company's executives to oppose the sale of the business. Then Yahoo will split into two blocks - some will support the sale, others will be against.
During the negotiations on the sale of the business of Yahoo! one of its largest investors, Starboard Value, is extremely dissatisfied. In the opinion of its representatives, negotiations are going too slowly, and far from everyone is satisfied with the conditions of sale under discussion.
In this regard, Starboard nominated 9 candidates who should replace the entire board of directors of the web portal. Investors blamed the current CEO Marissa Mayer of being unable to manage the company.
But does Yahoo! Chances to stay afloat without selling the core business?
In 1996, the company together with Softbank launched Yahoo! Japan , having received 35% of its shares. Although it does not manage the business of a Japanese company, Yahoo! annually receives royalties at 3% of Yahoo Japan’s gross profit. So, last year, Yahoo! received $ 90 million.
SunTrust analyst Robert Peck told Business Insider that the company will receive royalties even after selling its core business.
He believes that Yahoo Japan is one of the undervalued assets of the company. If royalties are actually paid indefinitely, the price of Yahoo’s core business may rise significantly.
Earlier it was reported that the negotiations on the sale will go into the active stage on April 11. However, a week has passed since then, and things have been there.
Potential buyers include SoftBank , General Atlantic , The Daily Mail , Verizon, and even Microsoft . From this list, the most serious intentions for media holding Verizon. They even picked up their candidate for the role of Yahoo!
')
However, Fortune experts believe the Yahoo! (or part of it) leads by the nose of respected people, but in fact it is not going to sell the business.
This is what one of the interlocutors of the publication on this topic thinks: "It's been a f --- ing joke". His statement of translation does not require.
Practically no potential buyer was able to personally meet and discuss the terms of sale with Yahoo CEO Marissa Mayer and CFO Ken Goldman.
To participate in the discussion of the transaction refused the company Time Inc. , Alphabet Inc. , Comcast Corp. , AT & T Inc. and InterActiveCorp .
Perhaps Meyer is sabotaging and delaying negotiations in order to gain time to prepare for the “uprising,” writes Business Insider. She now allegedly assembles a “support group” of the company's executives to oppose the sale of the business. Then Yahoo will split into two blocks - some will support the sale, others will be against.
During the negotiations on the sale of the business of Yahoo! one of its largest investors, Starboard Value, is extremely dissatisfied. In the opinion of its representatives, negotiations are going too slowly, and far from everyone is satisfied with the conditions of sale under discussion.
In this regard, Starboard nominated 9 candidates who should replace the entire board of directors of the web portal. Investors blamed the current CEO Marissa Mayer of being unable to manage the company.
But does Yahoo! Chances to stay afloat without selling the core business?
In 1996, the company together with Softbank launched Yahoo! Japan , having received 35% of its shares. Although it does not manage the business of a Japanese company, Yahoo! annually receives royalties at 3% of Yahoo Japan’s gross profit. So, last year, Yahoo! received $ 90 million.
SunTrust analyst Robert Peck told Business Insider that the company will receive royalties even after selling its core business.
He believes that Yahoo Japan is one of the undervalued assets of the company. If royalties are actually paid indefinitely, the price of Yahoo’s core business may rise significantly.
Source: https://habr.com/ru/post/300184/
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