He shot doesn't work, competing price was halved-Yahoo, Yahoo, the Buffett-IT information
Yahoo bid like an endless tug-of-war.
On May 20, according to the online edition of the Wall Street Journal News, Yahoo auction of core assets into a stalemate. Verizon Communications as a representative of companies and investors to bid about US $ 2 billion-$ 3 billion, less than half its Yahoo offer before.
In April of this year, Yahoo offers for its core assets of us $ 4 billion-$ 8 billion. At that time, Yahoo is determined to participate in a second round of bidding companies received more than 10 copies.
May be overly secretive about its core assets of Yahoo, bidders are gradually realizing the dying Yahoo there is little presentable bid cost. The Wall Street Journal also reported that, "compared to previous, and reduce a lot of investor enthusiasm this round of bidding. Not everyone wants Yahoo's core assets, bid range is diversified. ”
The first week of June, Yahoo will set up a new round of bidding for the auction. But it is not clear whether it is the final round, or whether there is more capital will follow. In April, Yahoo CEO after Mayer, showing details of their core assets, Yahoo's offer will be lowered.
Yahoo's core assets consist primarily of the following sections: first, the Alibaba Group's shares, Yahoo Japan shares; the second, the media business's core asset, for example, Yahoo Finance, Yahoo Sports, Yahoo News, vertical products. Three, huge patent portfolios, real estate holdings and Yahoo Japan's royalty. More than 6,000 number of Yahoo patents can be sold to companies or consortia, and profits up to more than 3 billion dollars; millions of square meters of real estate, valued at more than 1 billion dollars. Meanwhile, Yahoo's conservative estimate, 2016 total annual profit of $ 3.07 million.
Most interesting is that in the calculation of Yahoo's core asset, a report in the New York Times found that the market value of Yahoo's core business is amazing-$ 13 billion. Calculation method of concrete: Yahoo's market capitalization ($ 32.5 billion)-market value of non-core business of Yahoo (US $ 45.3 billion) = core business value ($ 13 billion).
Yahoo's stake is worth about $ 31 billion. Someone commented that "Yahoo is gradually becoming a fund holding a stake in the company, incidentally, in the maintenance of some Internet operations. ”
In the first quarter of 2016, Yahoo's revenue fell 18% to $ 859.4 million, this is Meyer in charge of Yahoo's revenue fell to below $ 1 billion for the first time.
On May 14, Reuters reported, "Warren" Warren Buffett (Warren Buffett) to support core Internet assets will participate in a consortium bidding for Yahoo. This would be to contact Yahoo by a shot in the arm.
Buffett rarely involved in the science and technology of the Internet sector, following revelations of a bid for Yahoo, Yahoo's shares rose in after-hours trading on Friday around 1.3%. Some analysts said Buffett eyes on Yahoo media value. However, it still failed to change the attitudes of other bidders for Yahoo.
All bidders, and Verizon Communications are considered to be the most promising one. Verizon is the United States's largest telecommunications operators, Bell Atlantic and Nynex merged after the establishment of BellAtlantic, GTE merger of independent telephone company.
In recent years the company has been expanding the digital content and advertising business, even in the last year, to $ 4 billion takeover of the United States online (AOL), ambitious.
Yahoo is the Internet generation memory. 16 years ago, when the Sun at high noon, Yahoo's market value as high as $ 255 billion; 8 years ago, when Microsoft tried to buy Yahoo's offer was $ 44.6 billion.
Although they've spent big bucks to buy microblogging platform Tumblr social networking software, but still failed to become Yahoo turning over weapons; Yahoo was trying to break into the mobile application space, and amassed more than 100 engineers to build its mobile products, although eventually Yahoo Mail, but never able to earn popularity on mobile application.
In 2013, the Yahoo million annual salary to a network news star Katie Couric, but the audience didn't buy it.
Yahoo missed social networking gradually rise and the explosive growth of mobile devices and, ultimately, was slowly abandoned by the user. After a long decline in popularity, it finally opened the bidding.
After the end of the first round of open bidding, Yahoo outside of Verizon Communications, received a second round of offers, including private-equity firm TPG YP Holdings and digital advertising company.
As of market close on May 19, Yahoo's shares at $ 37.02, worth a total of 35.106 billion dollars.
巴菲特出手也不行，雅虎竞购价遭腰斩 - 雅虎,
巴菲特 - IT资讯
雅虎的竞购像一场没完没了的拉锯战。
5月20日，据《华尔街日报》网络版消息，雅虎公司核心资产拍卖陷入胶着状态。以Verizon通讯为代表的公司和投资者出价大约为20亿美元-30亿美元，不到雅虎之前报价的一半。
在今年4月，雅虎对其核心资产的报价为40亿美元-80亿美元。当时，雅虎收到确定参与第二轮的投标企业超过10份。
可能是雅虎对其核心资产过于遮遮掩掩，竞购方逐渐认清了日薄西山的雅虎并没有多少能够拿得出手的竞价本钱。《华尔街日报》也称，“相较于之前，投资者本轮竞价的热情降低了很多。也并非所有人都想要雅虎的核心资产，竞购范围会呈现多元化。”
6月的第一周，雅虎将设置新一轮竞购拍卖。但目前尚不清楚其是否是最后一轮，也不知道是否有更多的资本方将跟进。在4月雅虎CEO梅耶尔展示其核心资产细节后，雅虎的报价就被调低了。
雅虎的核心资产主要包括以下几个部分：一、阿里巴巴集团的股份、雅虎日本的股份；二、媒体业务的核心资产，比如，雅虎财经、雅虎体育、雅虎新闻等垂直产品。三、庞大的专利组合、房地产控股和雅虎日本的专利使用费。6000多项的雅虎专利可出售给大型企业或财团，利润高达30多亿美元；百万平方米的房产，价值十多亿美元。与此同时，雅虎保守估计，2016年利润总额达307万美元。
最有意思的是，在计算雅虎核心资产时，《纽约时报》的一则报道发现，雅虎的核心业务市值是惊人的-130亿美元。计算方法具体为：雅虎市值（325亿美元）-非雅虎核心业务市值（453亿美元）=核心业务市值（-130亿美元）。
雅虎所持阿里巴巴股份大约值310亿美元。有人因此评论说，“雅虎正逐渐变成了一家手持阿里巴巴股份的基金公司，顺带在维持一些互联网业务。”
在2016年第一季度，雅虎的营收下滑18%至8.594亿美元，这是梅耶尔执掌雅虎起来营收第一次跌落至10亿美元以下。
5月14日，路透社有消息称，“股神”沃伦·巴菲特（Warren Buffett）支持的一家财团将参与竞购雅虎核心互联网资产。这无异于给雅虎打了一针强心剂。
巴菲特很少涉足科技互联网行业，在参与竞购雅虎的消息曝出后，雅虎公司的股价也在上周五盘后交易中上涨约1.3%。有分析称巴菲特看中了雅虎的媒体价值。不过，这依然未能改变其他竞购方对雅虎的态度。
在所有竞购者中，Verizon通讯被认为是最有潜力的一方。Verizon是美国最大的电信运营商，大西洋贝尔和Nynex合并建立BellAtlantic后，独立电话公司GTE合并而成的。
近几年该公司一直在扩张数字内容以及广告业务，甚至在去年以40亿美元收购了美国在线（AOL），野心勃勃。
雅虎是一代人的互联网记忆。16年前如日中天的时候，雅虎市值曾高达2550亿美元；8年前，微软想收购雅虎时提出的报价是446亿美元。
虽然曾花大价钱收购微博平台Tumblr等社交软件，但仍然未能成为雅虎的翻身的武器；雅虎还曾一度想进军移动应用领域，并网罗了100多位工程师打造自己的移动产品，虽然最终做出了Yahoo Mail，但始终没能在移动应用上赚到什么人气。
2013年，雅虎还用百万年薪请来了网络新闻明星凯蒂·柯丽克，但观众好像也并未买账。
雅虎逐渐错失了社交网络的崛起和移动设备的爆发式增长，并最终被用户慢慢抛弃。在经历了漫长的受欢迎度下降后，它终于选择开放竞价。
首轮开放竞价结束后，雅虎收到的第二轮报价方除了Verizon通讯外，还包括私募股权投资公司TPG和数字广告公司YP Holdings。
截至5月19日收盘，雅虎股价为37.02美元，市值总计351.06亿美元。