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Most of your comment is reasonable, except for the part about a reasonable price for Yahoo. There is no evidence that Yahoo isn't suffering a costly mistake (or
by Evbn 14y ago
Most of your comment is reasonable, except for the part about a reasonable price for Yahoo. There is no evidence that Yahoo isn't suffering a costly mistake (or worse) from a small group of decision makers on this deal.
- itsprofitbaron 14y agoI said that the price is suitable for Yahoo because, if they did not believe that the price was acceptable to Yahoo and its shareholders then, they would not have sanctioned an acquisition for the company. Likewise, I think your comment about there being no evidence to support the acquisition etc is a valid one although, it could be applied to any M&A deal such as it could have been applied (at the time) to Google’s acquisition of YouTube (with regards to the lawsuits etc) - and whilst the Summly deal may or may not end up being successful for Yahoo, if the Summly Team provides Yahoo with value beyond their acquisition price then, it certain cannot be debated that it was anything but a successful one.