Sat, May 25, 2013, 4:46 PM EDT - U.S. Markets closed
...proposed that YHOO* Sell or spinoff Asian assets* Issue a special dividend* Keep YHOO core...in which MSFT would make a substantial investment...at a substantial premium.This seems to be the same path YHOO is going down now. And it makes a lot of sense.If YHOO sells it's Asian assets and issues a special dividend, I believe MSFT will then make a large investment in YHOO's core at a very high premium.MSFT IMO will either make a direct tender offer to shareholders for a portion of their shares.......or MSFT will buy preferred shares or debt from YHOO, and YHOO will use the proceeds for a buyback.
Agreed -- The only difference is the Asian assets are worth much more.
So much more.