If you worry about tax, you never get ahead. What you should focus yourself are you going to make or gain money in this deal. Then you move on because there is a lot of opportunity ahead.
MM will get her big payday so she is excited to get this deal asap. Don't forget her over 2.5M YHOO shares.
Bloomberg West reported this afternoon it was 10 bidders got selected from the original list. I am thinking they will pick three finalists and then the entire Board will select the winning bid or bidder.
What she gave us (shareholders) 3 1/2 years of "NO GROWTH' as well as consecutive years of declining revenue growth yet YHOO Board headed by Mr. Maynard approved for MM an extravagant annual pay and benefits as you stated. Talking about 'MILKING" YHOO cash frontally, this is it. That is important reason why these two individuals must go now-fired them both.
That was reported I might suspect the news will come out after trading closed today. Or else we might hear it this weekend. It could be delayed until next week because the recently appointment of 4 new board members headed by Mr. Smith. YHOO could give Mr. Smith a few days to evaluate the bids because he is the selecting committee.
Suppose to be this week. Hopefully tomorrow they will announce the 7 bidders for round 2. I hope next month we have the winning bid.
Yes it was reported that is one of the conditions YHOO and Mr. Smith agreed upon.: she keeps her job.
We have originally over 10 bids are in as reported last week. This week according to the report YHOO will announce the round 2 which comprise of at least 7 bidders, so it is not a month for reporting round 2 as you mentioned. We could have the winning bid next month.
I said once the sale is confirmed or officially announced, I expect YHOO will be in the trading range between $40 to $44.
If that is your prediction, then there is no need for you to stick around wasting your time posting here in YHOO Board.