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Sell the company if anyone is willing to pay a premium to the current share price. Otherwise liquidate most of it, perhaps keeping a small rump if that rump ca
by fredkbloggs 11y ago
Sell the company if anyone is willing to pay a premium to the current share price. Otherwise liquidate most of it, perhaps keeping a small rump if that rump can churn out enough cash to keep the lights on and a small dividend flowing. An ad company can be run profitably with very little ongoing investment and minimal staffing, and that's all Yahoo is at this point.
There's not going to be any turnaround. All that trying to turn it around is doing is enriching the senior executives at the shareholders' expense. The above plan will maximize returns to the shareholders, not hiring another whiz-bang CEO to make a nine-course gourmet meal out of this pile of fetid dung.