David Kirkpatrick, chief executive officer of Techonomy, and Bloomberg's Brian Womack discuss the Daily Mail throwing their hat into the ring for Yahoo's media assets. They speak to Bloomberg's Emily Chang on "Bloomberg West." Published April 12, 2016
Stock exchange:symbol NASDAQ:YHOO
Principal domain: yahoo.com
New gTLDs: .YAHOO and .FLICKR
Bid deadline: April 18, 2016
Q1 2016 Earnings call: April 19, after market close
Yahoo's financial situation is "increasingly dire" according to Kara Swisher in Re/code, who obtained access to the "book" Yahoo's bankers are making available to potential buyers. According to Swisher, the book "shows a company in what appears to be serious free fall," and shows Yahoo expecting revenue to fall close to 15 percent, earnings by over 20 percent, in 2016.
"Yahoo CEO Marissa Mayer's tenure has been a mess and the Board of Directors should be held accountable for the losing of a significant sum of shareholder value based solely on the company's inability to find and execute a strategic vision that is going to move them in one direction or another."--Yahoo: Nothing Is Finalized Just Yet | Seeking Alpha
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See also on Domain Mondo:
- Yahoo $YHOO LIVE Webcast: Q4, Year 2015 Earnings ...
- Corporate Accountability: Yahoo!, Starboard Value, Activist Shareholder
See also: Meet the Lookie-Loos of the Yahoo Yard Sale: Google, Twitter, Facebook | Re/code
and Yahoo Sure Has Lots of Attractive Suitors - Bloomberg Gadfly