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Who Is Marni Walden, And Why Should Verizon Investors Care?
Wednesday, July 6, 2016 - 1:12pm | 379Yahoo! Inc. (NASDAQ: YHOO)'s long drawn out process of selling its internet assets is being closely watched by Marni Walden. Walden is the head of product innovation and new businesses for Verizon Communications Inc. (NYSE: VZ) — the company widely considered to be a front-runner to acquire...
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You Won't See Marissa Mayer Or Nikesh Arora At Allen & Co.'s Annual Sun Valley Conference
Tuesday, July 5, 2016 - 12:52pm | 314Allen & Co, a boutique investment bank firm with a focus on media and entertainment companies, hosts an annual shindig for the "who's who" of the industry. Last year's event at Idaho's Sun Valley Resort attracted more than 300 executives in the media, finance, politics and technology spaces....
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Verizon 'Just Got One Step Closer' To Acquiring Yahoo's Assets
Thursday, April 28, 2016 - 9:36am | 258The New York Post reported Wednesday evening that Verizon Communications Inc. (NYSE: VZ) is "one step closer" to acquiring Yahoo! Inc. (NASDAQ: YHOO)'s Internet properties. The New York Post, citing its sources, noted that Yahoo's recent agreement with activist investor and major shareholder...
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Report: Yahoo Prepared To Proceed To Round 2 Of Bidding For Its Internet Properties
Monday, April 25, 2016 - 9:58am | 274According to a report by Bloomberg, Yahoo! Inc. (NASDAQ: YHOO) is prepared to move on to round two of bidding for its internet properties and could inform potential buyers if they have made it through to the next stage. Bloomberg, citing "people with knowledge of the matter," reported...
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Verizon, TPG, YP Holdings All Want Yahoo; Company Warns Of Search Engine Revenue Drop
Tuesday, April 19, 2016 - 8:38am | 309According to a report by Bloomberg, Yahoo! Inc. (NASDAQ: YHOO) is likely talking with just three players to sell its Internet assets. Bloomberg, citing "people familiar with the matter," stated that Verizon Communications Inc. (NYSE: VZ) is battling with the private equity firm TPG and the digital...
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Re/code's Swisher Reports Yahoo Deadline For Bids Pushed Back One Week
Friday, April 8, 2016 - 9:16am | 341Re/code's Kara Swisher reported on Friday that Yahoo! Inc. (NASDAQ: YHOO) extended its deadline for potential buyers of its internet assets to submit bids. Swisher, citing "sources close to the situation and the blabby bankers they talk to," noted that Yahoo pushed its April 18...
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Re/code: Softbank Is Not Really Looking At Buying Yahoo
Thursday, April 7, 2016 - 12:17pm | 257Yahoo! Inc. (NASDAQ: YHOO) can scratch off SoftBank on its list of potential buyers for its Internet assets, at least according to Re/code. Re/code's Kara Swisher, citing "sources close to the situation," stated SoftBank has not held any formal discussions with Yahoo to acquire...
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Yahoo's Financial 'Meltdown': Revenue To Fall 15%, Earnings By 20% In 2016
Wednesday, April 6, 2016 - 1:53pm | 378Yahoo! Inc. (NASDAQ: YHOO)'s financial situation is "increasing dire," at least according to a report by Re/code. Re/code's Kara Swisher obtained access to the "book" that Yahoo's bankers are handing out to potential buyers. Naturally, this book contains the...
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Yahoo Shares Slightly Higher Following NY Post Report Of Interest In Japanese Assets By Softbank
Monday, April 4, 2016 - 7:20am | 166Shares of Yahoo! Inc. (NASDAQ: YHOO) were trading higher by nearly 1 percent early Friday morning after the New York Post reported that Japan-based SoftBank is exploring a potential purchase of Yahoo's internet assets. The New York Post, citing "a source," stated that SoftBank's President Nikesh...
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Yahoo Sets April 11 Deadline To Submit Preliminary Bids
Tuesday, March 29, 2016 - 9:31am | 193Shares of Yahoo! Inc. (NASDAQ: YHOO) were trading nearly flat after Tuesday's market open despite encouraging signs that the company is proceeding with the sale of its core Internet business and Asian assets. The Wall Street Journal, citing "people familiar with the matter," reported that Yahoo...
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Report: Yahoo May 'Cede' Board Seats To Starboard Value
Monday, February 29, 2016 - 9:25am | 290Bloomberg reported earlier in the month that Starboard Value, an activist hedge fund and Yahoo! Inc. (NASDAQ: YHOO) shareholder is "taking initial steps" in declaring a proxy fight with the company. According to a new report from the New York Times, a proxy battle may prove to be...
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Canyon Capital Wants Yahoo To Move Fast
Wednesday, February 24, 2016 - 9:57am | 198According to a report by Reuters, one of Yahoo! Inc. (NASDAQ: YHOO)'s largest shareholder, Canyon Capital, is pushing management to pick up its pace of its asset sales. Yahoo said on February 19 that it remains "thoroughly committed" to exploring strategic alternatives, including...
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Report: Yahoo Will Reach Out To Potential Buyers As Soon As Monday
Monday, February 22, 2016 - 8:13am | 181Bloomberg reported on Sunday that Yahoo! Inc. (NASDAQ: YHOO) is planning on reaching out to potential buyers for its internet assets as soon as Monday. Bloomberg, citing "people familiar with the process," stated that Yahoo will reach out to potential corporate buyers including Verizon...
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Yahoo Issues Update On Special Advisory Committee, Notes Company Remains 'Thoroughly Committed To Exploring Strategic Alternatives'
Friday, February 19, 2016 - 12:06pm | 274Shares of Yahoo! Inc. (NASDAQ: YHOO) were trading higher by nearly 2 percent late Friday afternoon after the company updated investors on its independent committee that was formed to evaluate strategic alternatives. Related Link: Yahoo To Weigh Strategic Options; Analyst Says 'They Need To Sell'...
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Activist Investor Taking 'Initial Steps' Towards Proxy Fight With Yahoo
Thursday, February 18, 2016 - 8:34am | 209Shares of Yahoo! Inc. (NASDAQ: YHOO) were trading higher by more than 2 percent early Thursday morning after Bloomberg reported that activist investor and influential shareholder Starboard Value is "taking initial steps" in declaring a potential proxy fight with the company. Bloomberg...