Is a Yahoo deal in the works?
Cory Bergman June 18th, 2007
CNBC’s David Farber speculates that “Yahoo could soon face an activist group which attempts to force the company to explore strategic alternatives.” Among the possible scenarios: News Corp sells MySpace to Yahoo for as much as a 25 percent stake in the company. AT&T, AOL, Microsoft and Comcast are also potential participants in some kind of acquisition or strategic partnership.
4 Comments Add your own
1. discreet_chaos | June 19th, 2007 at 2:09 am
If Yahoo! sells to NewsCorp for a piece of yesterday’s fad, then their new management are also dopes; AOL still doesn’t understand synergy, so they’d bring no added value to the company and Microsoft’s ad program is a joke.
I like David Faber and maybe the hedge funds will try something, but I also expect Yahoo! to remain independent and I feel it’d be best for shareholders. Unless, of course, someone with more understanding of new media opts to make a play. Perhaps, someone like MTV Networks, but I’ve yet to hear Viacom’s name being bandied about.
2. News Consumer | June 19th, 2007 at 3:51 pm
Yahoo feels very last-century, like it’s creaping into AOL mode. Sure they have a significant market share, but they’re third place in everything with no features or services with any buzz.
3. Steve Boriss | June 20th, 2007 at 10:43 pm
I believe there is a very bold idea by Murdoch undergirding his interest in Yahoo. See my post “Rupert Murdoch’s bid for Yahoo: The final puzzle piece in a daring plan to dominate news in the English-speaking world?” at TheFutureOfNews.com.
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