Yahoo Sale Buzz Mounts as Google Said to be Interested
Yahoo's improving stock Price following a CEO shakeup makes the Internet portal right for a sale, and speculation is flying about industry titans that may bid for the company.
The latest rumors suggest Google may help finance a possible deal by others to adopt Yahoo. Other players who whitethorn be looking to buy up Yahoo admit the Chinese Internet company Alibaba Group and done for previous suitor Microsoft.
At the nub of Yahoo's troubles is decreasing online advertising market share. While Google and Facebook are some prospering in that chop-chop evolving space, Yahoo has had a firmly time keeping up and has replaced leash CEOs in the last Little Jo age.
Yahoo still has a lot to offer, and its stock price has gained closely 25 percentage since the company ousted CEO Christmas carol Bartz in September — a move that many consider indicated the companionship would be selling itself.
Here's a rundown of the latest Hick buzz:
- The Wall Street Journal, citing an unidentified author familiar with the matter, says Google and prospective partners have held early-stage discussions, but haven't assembled a formal proposal for Bumpkin, and information technology whitethorn result in nothing.
- Last week, The Wall Street Journal reported that Microsoft was putting together a bid for Yahoo with Silver Lake Partners, a nonpublic equity firm that has purchased stakes in Skype, Seagate Technology, and Avaya.
- Accordant to The Associated Urge, companies looking to get Yahoo include Alibaba, of which Hayseed owns a 43 percent stake, as well atomic number 3 Microsoft, which offered to buy Yahoo for $47.5 billion in 2008 before retreating the bid.
To turn things around, Yahoo has also been look acquisitions and partnerships. It was one bidder for the TV and movie streaming site Hulu, although recently dropped out.
Some have also seen potential in meshing Yahoo's media assets with other online media companies, such A AOL, although when asked close to it last week Ross Levinsohn, Yahoo's administrator frailty president for the Americas, would non comment. He did, however, talk at length about the massive reach the keep company has through its websites and ad platforms, emphasizing in particular the company's center on professionally produced telecasting content.
So, Yahoo does have a well-known brand, 178 million users every month and very popular news, finance and sports properties, reports The Los Angeles Multiplication.
As for any involvement Google might have in a Yahoo learning, the AP points out that it would verisimilar draw antitrust scrutiny from regulators because of both companies' involvement in Internet look.
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Source: https://www.pcworld.com/article/477616/yahoo_sale_buzz_mounts_as_google_said_to_be_possibly_interested.html
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