Buyout Looms Over Yahoo
It's no surprise that increasingly there have been talks of spin-offs, restructurings, and now an outright sale of Yahoo. CEO Marissa Mayer is constantly criticized for her managerial decisions at the company, and despite having four years to implement various aspects of her plan has not seen much, if any, success.
Yahoo! Inc. will begin approaching potential corporate and private equity buyers as soon as Monday as the Web company seeks bidders for its core business, according to people familiar with the process.
Companies such as Verizon Communications Inc., Comcast Corp. and AT&T Inc. are among interested parties, as well as buyout firms including Bain Capital Partners, KKR & Co. and TPG, the people said, asking not to be identified as the situation isn't public. The potential first-round bids for the business are unlikely to come in for at least a month, they said.
I'm not a big fan of the direction Mayer has taken the company, and I would like to think that there remains some valuable assets that can constitute a healthy business in the future-- my question is, what would you do differently from Mayer in order to keep Yahoo as an internet giant?