My sources have informed me that Yahoo will do a cash-rich split off with Yahoo Japan for all of Yahoo's stake in that company. Yahoo will also do a deal with Alibaba Group for a quarter of Yahoo's 43% of Alibaba Group with the guarantee of an Alibaba Group IPO in early 2013. The deals will be made up of 66.66% cash and 33.33% in assets. Yahoo has requested the assets to be Hulu and either WebMD or The Weather Channel. Securing the assets will take sometime and the deal will be announced once those assets have been secured.
I am long and truly discusted with how this stock acting...they should maximize stockholder
values..for me i love yahoo, i use yahoo for years and feel confortable with it...that is the
only reason i am still long...hope they will do something..it is an excellent media...but still frustrating to see it dying..maybe i should seel half of my position??
Everything has a price - so its just a question how how much Hulu will cost and whether Yahoo (via it's proxies) is willing to pay.
I am really hoping/expecting something happens before summer (shareholder meeting)... The BOD must realize that they need to show something tangible to shareholders before that meeting. Otherwise Loeb will win his seats regardless of how good the Yahoo BOD looks on paper.