Bloomberg Contributing Editor David Kirkpatrick examines the state of Yahoo as the company announces it will keep a larger stake in Alibaba than expected while returning cash to shareholders and ponders what would happen if Alibaba decided to buy Yahoo. He speaks on “Bloomberg Surveillance.”
NOT SMART. IF I WAS RUNNING YHOO, MY FIRST ORDER OF BUSINESS WOULD BE TO BUY LIVE NATION (LYV) AND TAKE VIDEO STREAMING SERVICES TO THE NEXT LEVEL. With the recent acquisition of RayV linked with its Tumblr site, the key pieces are on the table. If I was 15 years younger, I would jump on this. With a 15% stake a "smart" player can control the board and make YAHOO a $150 stock. Any takers?