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"[Yahoo] will have raised nearly $8.3 billion through the offering" If I'm reading that right Yahoo stands to triple their cash position almost overnight which
by aresant 12y ago
"[Yahoo] will have raised nearly $8.3 billion through the offering"
If I'm reading that right Yahoo stands to triple their cash position almost overnight which today stands at around $4b.(1)
Given Marissa Meyer's appetite for acquisitions this puts them into a potentially interesting new ballpark of scale.
(1) http://finance.yahoo.com/q/bs?s=yhoo http://finance.yahoo.com/q/bs?s=yhoo
- RSASecure 12y agoYou would have to consider the after-tax amount, which is going to be a bit less...around $5-6 billion.
- dmix 12y agoThey could buy an Instagram or two.
- subdane 12y agoThey should buy Buzzfeed
- BukhariH 12y agoThis a pretty solid recommendation. Mayer has pivoted yahoo strongly towards content and BuzzFeed is pretty much the most solid content start up out there right now. It sounds like an obvious purchase.
- cylinder 12y agoYou judge a merger by how the combination will unlock new value. Just because the business models are similar doesn't necessarily mean it's a good acquisition. I don't see how BuzzFeed can benefit with Yahoo other than perhaps accessing its ad sales network?