Yahoo! Needs a Holistic Deal
The latest news last night from The Wall Street Journal was that Yahoo! (YHOO) had gone back to its various private equity bidders and encouraged them to make higher offers to buy 19.9% of the company so that they can approve the deal without putting it to a shareholder vote.
There is a conceivable scenario whereby a leveraged recapitalization of Yahoo! could unlock serious value in the company. But it will take several months, if not years, and shareholders have no guarantee that the new board (and Jerry Yang) will follow through in the proper manner needed to unlock that value....448 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
There’s no substitute for a trading floor to get great ideas, so Jim Cramer created a better one at Real Money and blogs there exclusively. We then added legendary hedge fund manager, Doug Kass, with his exclusive Daily Diary and best investing ideas. Staffed with more than 4 dozen investing pros, money managers, journalists and analysts, Real Money Pro gives you a flood of opinions, analysis and actionable trading advice found nowhere else, and allows you to interact directly with each expert.
Already a Subscriber? Please login.
