Arab Today, arab today yahoo meets to know options after ceo ouster
Last Updated : GMT 06:26:02
Arab Today, arab today
Arab Today, arab today

Yahoo meets to know options after CEO ouster

Arab Today, arab today

Arab Today, arab today Yahoo meets to know options after CEO ouster

Washington - Arabstoday

Yahoo! Inc.’s board is scheduled to meet today to weigh its options after Carol Bartz was ousted last week following less than three years at the helm, a person with knowledge of the matter said.Investment bank Allen & Co. will outline various scenarios for Sunnyvale, California-based Yahoo, said the person, who requested anonymity because the meeting is private. The board, led by Chairman Roy Bostock, will also decide whether to hire Allen & Co. to explore those options, and it will discuss the search for Bartz’s successor, the person said.Yahoo, leaderless and beset by slumping shares and falling revenue, is vulnerable to a takeover from private-equity investors, said Di Zhou, an analyst at Thornburg Investment Management in Santa Fe, New Mexico. A buyer could sell shares in some of Yahoo’s Asian assets and use proceeds to take the rest of the company private, she said last week.“A private-equity buyer could seek to unlock the value of the Asian assets and leverage up the core of Yahoo, which continues to generate cash flow despite competitive and operational challenges,” analysts at Deutsche Bank Securities Inc. wrote in a research report last week.Kim Rubey, a spokeswoman for Yahoo, declined to comment.Another possible outcome involves a tie-up with AOL Inc. (AOL), where CEO Tim Armstrong is talking with advisers to gauge Yahoo’s interest in combining the companies, two people familiar with the matter said last week.Armstrong had been interested in a merger with Yahoo last year and was rebuffed while Bartz was at the helm, one person said. Her departure prompted him to reconsider the option, and, under one scenario now being considered, Yahoo would acquire AOL and Armstrong would become CEO of the combined company, the person said.Yahoo is unlikely to be interested in a deal for New York- based AOL at this time, a person familiar with the company’s thinking said last week.Yahoo’s directors also are under pressure from investors such as Third Point LLC, which urged the board to resign last week after buying a 5.2 percent stake. The investment firm said directors erred in spurning a takeover bid from Microsoft Corp. and hired a chief executive officer who wasn’t up to the job.The “board of directors has made a number of decisions that have directly harmed the company and resulted in a stock price far below the company’s intrinsic value,” New York-based Third Point said in a filing.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today yahoo meets to know options after ceo ouster Arab Today, arab today yahoo meets to know options after ceo ouster

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today yahoo meets to know options after ceo ouster Arab Today, arab today yahoo meets to know options after ceo ouster

 



Arab Today, arab today
Arab Today, arab today Designer Aql Faqih aspires to innovation

GMT 18:41 2017 Friday ,20 October

Designer Aql Faqih aspires to innovation
Arab Today, arab today Italy regions back 'big bang' autonomy

GMT 07:10 2017 Monday ,23 October

Italy regions back 'big bang' autonomy
Arab Today, arab today Etiquette expert underlines importance of gifts

GMT 17:52 2017 Sunday ,03 September

Etiquette expert underlines importance of gifts
Arab Today, arab today Iraq's Barzani isolated by his drive

GMT 04:36 2017 Tuesday ,24 October

Iraq's Barzani isolated by his drive
Arab Today, arab today Maltese demand justice for murdered

GMT 06:08 2017 Monday ,23 October

Maltese demand justice for murdered
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today World's deepest lake in peril

GMT 15:54 2017 Friday ,20 October

World's deepest lake in peril
Arab Today, arab today Ex-French minister Dati wants tough action

GMT 10:54 2017 Thursday ,19 October

Ex-French minister Dati wants tough action
Arab Today, arab today Lost Australia diver swam miles

GMT 19:09 2017 Monday ,23 October

Lost Australia diver swam miles
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today EU targets German carmakers

GMT 05:41 2017 Tuesday ,24 October

EU targets German carmakers
Arab Today, arab today Tesla to build wholly-owned plant

GMT 07:55 2017 Monday ,23 October

Tesla to build wholly-owned plant
Arab Today, arab today Rogina happy for reactions to “The Flood”

GMT 09:30 2017 Friday ,20 October

Rogina happy for reactions to “The Flood”
Arab Today, arab today Delhi braces for pollution 'airpocalypse'

GMT 16:07 2017 Friday ,20 October

Delhi braces for pollution 'airpocalypse'

GMT 08:15 2017 Thursday ,19 October

Actress Mona Zaki praises husband’s role

GMT 18:15 2017 Monday ,16 October

British actress becomes fifth woman

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam

GMT 19:09 2017 Thursday ,19 October

Massacre fears spark race

GMT 10:46 2017 Saturday ,05 August

Nanis reveals simple ideas for home renovation

GMT 06:07 2017 Sunday ,22 October

15,000 Under Fives Die

GMT 12:54 2017 Saturday ,21 October

Malaysia Airlines picks new CEO

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 05:54 2017 Tuesday ,24 October

Second Palestinian mobile provider enters Gaza

GMT 16:53 2017 Saturday ,02 September

Mai importance of gifts during Eid Al-Adha
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday