Dealpolitik: Yahoo’s Survival Plan
Yahoo is adrift and the sharks are circling. It needs to do something. It’s not clear how any of the “somethings” the board is reportedly reviewing have any relationship to a fundamental business strategy. But there seems to be no dispute that “something” needs to get done. It’s not a good position to be in.
The sharks are coming from all directions. The majority shareholders of Yahoo’s operations in China and Japan want to buy out Yahoo. So much so that there are reports that they may try to bid for the whole company. Others may be putting together bids as well. And this time no one is talking anything like the premiums that Microsoft offered back in 2008. Why would they when Yahoo has been so weakened?