Yahoo: 60% Chance To Sell To Alternative Bidder

Matthew Magain
Tweet

Yahoo is being pulled in several directionsYesterday, when Yahoo CEO, Jerry Yang formally spelled out the reasons to shareholders for why his board rejected Microsoft’s $42 billion offer, he made it sound like everything was roses:

I wanted to reach out to you personally to let you know why your Board of Directors, after a careful review by Yahoo!’s management along with our financial and legal advisors, believes that Microsoft’s proposal substantially undervalues Yahoo! and is not in the best interests of our stockholders

Of course, communication with one’s shareholders always needs to walk a fine line between sobering and optimistic, but good luck to any shareholders who can’t see through the spin.

So, if not Microsoft, who? It’s obvious that a sale to someone is imminent.

The New York Times is suggesting that a deal is close to being struck with News Corp:

News Corp. and a private equity firm reportedly would buy significant stakes in Yahoo as part of a complex deal designed to push the Sunnyvale-based company’s market value toward $50 billion.

The Times, on the other hand, believe that AOL might be the next to step up:

It is also understood that one option being explored is to restart merger talks with AOL, the online business owned by Time Warner. Tie-ups with groups such as Google or Disney are also being considered.

For what it’s worth, the newly launched Industry Standard‘s community place 60% odds on Yahoo succumbing to an alternative bidder (registration required).

Yang is no doubt feeling the pressure, not helped much by a bunch of retiree shareholders trying to flex their shareholder muscle with a law suit. He knows that even if Microsoft ends up as the buyer, he’ll likely be ousted from his position.

Fun times in the hot seat.

Free book: Jump Start HTML5 Basics

Grab a free copy of one our latest ebooks! Packed with hints and tips on HTML5's most powerful new features.

  • JediMasterXP

    Please, anybody except AOL… They would surely ruin it. Just like they did to Netscape…

  • http://www.mikehealy.com.au cranial-bore

    I agree with JediMaster, I’d hate to see AOL acquire or merge with Yahoo!

  • http://www.sitepoint.com Simon Mackie

    Perhaps that should be “newly re-launched Industry Standard”. In the heady days of the “dot bomb” era it was the magazine of record. Interesting that it’s being relaunched now…

    On of the rumours I read was of a Facebook buyout – that would be interesting…

  • JV

    List of arbitrage spreads on pending deals( including YHOO and MSFT) ArbitrageView.com

  • ken stephen

    We have all kinds of mobile
    phones for sell at a very cheap rate.

    1) The phones are New
    3) they have never locked
    4) they have no logo or stickers
    5) they have New battery
    6) they have all original accessories
    7) they have New Charger
    8) they have International warranty
    9) they have full accessories
    10) they have factory sealed
    11) they have Original Packaging and moreover e.g
    nokia 8800 is us$230
    nokia n93 cost$210usd
    nokia e90 cost $200usd
    nokia N95 cost $240usd
    nokia n95 8gb cost$250usd
    Kindly mail me with your order details.
    Email.mobileltd1@indiatimes.com

    Thanks