4 ms·
What's so bad about it? The end result is the same as the original plan - one company with a stake in Alibaba, and another company with Yahoo's core businesses
by jackgavigan 11y ago
What's so bad about it? The end result is the same as the original plan - one company with a stake in Alibaba, and another company with Yahoo's core businesses and the Yahoo Japan stake.
- guelo 11y agoThey're looking for a buyer of the Yahoo spinoff, it's not going to stay independent. It will probably to be bought by vulture capital firms. Yahoo is basically dead.
- mkagenius 11y ago> They're looking for a buyer of the Yahoo Board feels Yahoo's core business is undervalued. The spin off will help clear the picture of how much Yahoo's core business independently value. They are not looking for buyers (unless someone has a offer they can't refuse).
- eva1984 11y agoToo early to say that. They are not looking buyers, until the core business spin-off get priced reasonably, by the market.
- TheOtherHobbes 11y agoIt's reminiscent of the endgame at HP, where the formerly profitable PC/printer division has been split off from Enterprise - possibly in an attempt to keep at least one afloat. That's not proof of badness, but it does suggest desperation and lack of imagination.
- deleted 11y ago[deleted]
- jackgavigan 11y ago> It's reminiscent of the endgame at HP... It's completely different. Yahoo is not splitting up its core businesses. They're taking a non-core asset (the Alibaba stake) that they can't sell without incurring a huge tax bill, and separating it from yahoo Core so that they can hand it over to Yahoo's shareholders (presumably in the hope that someone else - e.g. Alibaba - will step up to acquire it, thus unlocking the value for the shareholders), and re-focus on Yahoo's core businesses again. There is a separate issue that the core of Yahoo is performing poorly, and that fact may well result in Yahoo Core being split up and sold off but it's important now to conflate the two issues.
- andrewfarah 11y agoMaybe they rename Yahoo "Aabaco" and the spin-off, Yahoo.
- deleted 11y ago[deleted]