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Now thats a smart move, reduce your stake in one of the strongest growth stories ever to buy a struggling analytics company.
by revelation 12y ago
Now thats a smart move, reduce your stake in one of the strongest growth stories ever to buy a struggling analytics company.
- fleitz 12y agoI think you're ignoring brand synergy. Flurry is a perfect fit brand-wise. What's the point of having a 3rd rate photo sharing service if you don't have 3rd rate analytics to go with it, and who wants growth when the rest of the company is dying?
- discardorama 12y agoThe reduction in stake was a long-term agreement between the two. Yahoo has no choice but to sell. Keeping in mind the hotness of $BABA, they've re-negotiated the deal and now have permission to sell only ~140M shares at IPO, instead of the earlier agreed-upon ~230M.