InvestorsHub Logo
Followers 3156
Posts 961086
Boards Moderated 205
Alias Born 09/04/2000

Re: tonyo524 post# 155

Thursday, 04/14/2016 11:38:55 AM

Thursday, April 14, 2016 11:38:55 AM

Post# of 249
It looks like the fight over Yahoo (NASDAQ:YHOO) has boiled down to Verizon (NYSE:VZ) and SoftBank (OTCPK:SFTBY).

According to NY Post sources, the former is considered the front-runner (interested in Yahoo's core business and a 35.5% stake in Yahoo Japan),

and appears to have the backing of key investors who like the idea of a simple cash deal.

AOL CEO Tim Armstrong is also said to have offered CEO Marissa Mayer a graceful exit.

While a Softbank bid would likely be on the whole of Yahoo, president Nikesh Arora seems to be hanging back to gauge what Verizon's offer will be before he makes a move.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent SFTBY News