Oiran Yahoo Internet prostitution, "buyers" or Monday-IT is created-Yahoo News
On July 16, according to foreign media reports, Yahoo's core Internet business for sale in the State for a long time, and flowers who will get to the bottom of the asset. According to information does not want to be named, said Yahoo's Board will make a decision on Monday, determined to include its search engine, e-mail, advertising and media operations for the final offer Yahoo's Internet business.
Revitalizing weak
Yahoo CEO in four years meilimalisha·meiyeer (Marissa Mayer) have been trying to restore and revitalize the company, but the Internet company did not improve, the Internet sale of Mayer's effort to draw to an end. Although Yahoo is to have been the pioneers of the Internet and access to Internet users love, but because of a series of mistakes in the strategy and management, the company in a difficult dilemma over the past 10 years. Although Yahoo Web site monthly unique visitors of more than 1 billion users on the company Web site amount to stay relatively small.
In Silicon Valley, the Internet company since February this year has already attracted several rounds of bidding quotation, in February this year, the company had announced that it would explore the sale, to its Internet business and its holding in the hard State of Alibaba and Yahoo Japan valuable stake in two Asian assets separate. But sought to sell this operation was put on hold in the spring, Starboard Value when the company and the shareholders, hedge funds a dispute settlement, Yahoo finally agree to give the shareholders of four seats on the Board.
Bid for Yahoo in the business include: Telecom Giants Verizon Communications and at and t, several private equity firms and the United States's largest online retail mortgage company Quicken Loans Founder Daniel Gilbert (Dan Gilbert). Gilbert will receive from famed Investor Warren Buffett (Warren e. Buffett) Berkshire Hathaway Company owned by financial support. Yahoo expected asking price will be based on the coverage of assets which are not the same, but the Wall Street Journal, the business sale price is expected to be $ 6 billion, including intellectual property, and real estate.
For different buyers, have different Yahoo business intentions. Have been reluctant to talk about the acquisition of Verizon might bid after Yahoo merged the business with its AOL. Plans and some private equity managed to remain stable from Yahoo's user base at a profit at the same time, greatly reducing costs. Due to delays in the sale, Yahoo's business continued to deteriorate. Recently launched new products such as the travel Radar doesn't seem to have much market reaction.
Deal with Mozilla
Mayer made the costly decision not to offer a number of unpleasant reaction, which has been a drag on Yahoo the pace of the asset sale. To offer the greatest surprise is that Yahoo later in June this year on the bids said, they may be immediately to the Firefox (Firefox) browser developer Mozilla to pay us $ 1 billion.
According to Yahoo and Mozilla's file shows that in one transaction in 2004, Yahoo agreed to at least Mozilla to pay 375 million dollars a year to make Yahoo the Firefox's default search engine. In previous similar transactions, Yahoo paid about $ 100 million less Google.
Sources, in order to facilitate the deal, Mayer had personally negotiated a clause, which provides that if Yahoo is sold to pay the remaining period of the contract payments in advance. In order to request payment, Mozilla Mozilla claims that Yahoo asset ownership change will damage brand and reduce the search experience. If Mozilla give up Yahoo's search service and turn to other suppliers, Yahoo must compensate for its $ 375 million annual fee and the difference between amount provided by Mozilla's new partner.
The provisions in the deal reached with the Mozilla, give any hope to acquire Yahoo bid winner of Internet business has increased the pressure. Last year, the 42% of Yahoo's $ 5 billion in revenue comes from search. Yahoo said the deal reached with the Mozilla provisions do not adequately disclose to shareholders, although last year from the United States Securities and Exchange Commission (SEC) in a series of letter asking Yahoo's announced the deal terms and the risks for Yahoo.
Yahoo spokeswoman libeika·nuoyifeierde (Rebecca Neufeld), declined to comment. Mozilla's chief legal and commercial officer danniledikesong·taiyeer (Denelle Dixon-Thayer) that due to confidentiality reasons she could not discuss the Yahoo articles with Mozilla that provides details of the deal. But she acknowledged that Mozilla has to protect itself against "downside risks" injuries. She also said that when the Mozilla in 2014 from Google to Yahoo, its priority is to ensure that the search competition.
"For us the most important thing is to search in a prominent location, is committed to improving and building a search product we are proud," she said, "we need and want to have more innovation in search. ”
Redundancy overhead
In addition, the offer is also determined that one thing is, if Yahoo layoffs, how much they have to pay redundancy payments. As at March 31 this year, Yahoo has 9400 employees, excluding scheduled this year will cut the number of employees. In order to prevent defections in the past year, Mayer and the Yahoo Board of Directors presented a large number of stock awards to employees.
As at March 31 this year, with 35.5 million shares of Yahoo not vesting restricted shares. According to Yahoo's share price, stock valued at $ 1.3 billion. In addition, there are 5.4 million shares of Yahoo stock options. Only Yahoo's top four executives--including Mayer, if their dismissals, will total about $ 100 million compensation, including stock awards for two years.
Pivotal Research Analyst bulaien·Weise research institutions (Brian Wieser) estimated Yahoo's operating business worth $ 3.5 billion, he said, the final sale price of Yahoo shares between no effect. Due to market speculation about Yahoo selling its own, Yahoo's share price rise so far this year.
Once any deal announced, investors ' attention will turn to price's biggest problem: Yahoo, how to handle and use its holdings in Alibaba and Yahoo Japan Corporation profits. Yahoo holds 15% shares, worth $ 31 billion. Yahoo Yahoo Japan Corporation 35.5% shares, worth about $ 9 billion. These shares the process could take months, as with complex tax and legal issues.
互联网花魁雅虎卖身，“接盘价”或下周一出炉 - 雅虎 - IT资讯
7月16日消息，据国外媒体报道，雅虎核心地位的互联网业务处于待售状态已经很长时间，而该资产究竟花落谁家即将水落石出。据不愿意透露姓名的消息人士透露，雅虎董事会将于下周一作出决定，确定对包括其搜索引擎、电子邮件、广告和媒体运营在内的雅虎互联网业务的最终竞购报价。
重振乏力
四年来雅虎首席执行官梅丽玛丽莎·梅耶尔（Marissa Mayer）一直在努力地恢复和重振雅虎公司，但是这家互联网公司却并没有好转，而这次互联网业务的出售将让梅耶尔的这一努力画上一个句号。尽管雅虎是曾经的互联网的先驱并且获得网民的喜爱，但由于一系列的战略和管理失误，过去10年来该公司陷入艰难的窘境。虽然雅虎网站月独立访问量超过10亿，用户在该公司网站逗留时间量去相对较少。
位于硅谷的这家互联网公司今年2月份以来已经吸引了几轮竞购报价，今年2月份该公司曾宣布它将探索对外出售，以将其处于艰难状态的互联网业务同其所持阿里巴巴和雅虎日本两个亚洲公司非常有价值的股份资产分开。但是寻求变卖自己的这一运作在今年春天被暂时搁置，当时该公司同股东、对冲基金Starboard Value和解了一宗争端，最终雅虎同意给该机构股东四个董事会席位。
针对雅虎该业务的收购报价者包括：电信巨头Verizon Communications和AT&T、几家私募股权公司、美国最大的网络零售抵押贷款公司Quicken Loans的联合创始人丹尼尔·吉尔伯特（Dan Gilbert）。吉尔伯特将获得来自著名投资家沃伦·巴菲特（Warren E. Buffett）旗下Berkshire Hathaway公司的资金支持。预计雅虎的要价将会根据所包括的资产范围不同而不一样，不过华尔街日报预计该业务出售价格将在60亿美元，其中包括知识产权和地产。
对于不同的收购者来说，有着不同的收购雅虎该业务的意图。一直不愿意谈论这一收购交易的Verizon，可能会将收购后的雅虎该业务同旗下AOL进行合并。而有的私募股权公司计划设法从雅虎仍然稳定的用户群获取利润的同时，大幅度地降低成本。由于对外出售事宜出现拖延，雅虎业务继续在恶化。最近推出的诸如旅行应用Radar等新产品好像并没有产生多少市场反响。
同Mozilla交易
梅耶尔作出的相关代价昂贵的决定让报价者产生了一些不愉快地反应，这也一直在拖慢雅虎该资产对外出售的步伐。令收购报价者感到最大的吃惊是，今年6月份晚些时候雅虎对这些报价者称，他们可能要立即向火狐（Firefox）浏览器开发商Mozilla支付10亿美元。
据雅虎和Mozilla的文件显示，在2004年的一个交易中，雅虎答应每年至少向Mozilla支付3.75亿美元，以使得雅虎成为火狐浏览器的默认搜索引擎。而在之前类似交易中，雅虎付给谷歌的要少约1亿美元。
消息人士透露，为了推动该交易，梅耶尔亲自谈定了一项条款，该条款规定如果雅虎一旦出售要事先支付合同剩余期限的款项。为了要求这笔付款，Mozilla声称雅虎资产所有权变更将会损害Mozilla品牌并且降低搜索体验。如果Mozilla放弃雅虎而转向其它的搜索服务供应商，雅虎必须弥补其提供的3.75亿美元年费和Mozilla的新合作伙伴所提供金额之间差额。
同Mozilla达成这一交易中的规定，给任何希望收购雅虎互联网业务的竞购获胜者增加了压力。去年，雅虎50亿美元营收中42%来自搜索业务。雅虎同Mozilla达成这一交易中的规定并未充分地透露给股东，尽管在去年来自美国证券交易委员会（SEC)的一系列信件要求雅虎公布该交易中的条款以及对于雅虎的风险。
雅虎女发言人丽贝卡·诺伊菲尔德（Rebecca Neufeld）对此拒绝置评。Mozilla首席法务和商务官丹尼勒迪克松·泰耶尔(Denelle Dixon-Thayer)表示，由于条款保密的原因她无法讨论雅虎同Mozilla达成这一交易中的规定详情。不过她承认，Mozilla已经保护自己不受“下行风险”伤害。她还表示，当Mozilla在2014年从谷歌转向雅虎时，其优先考虑的是确保搜索竞争。
“对于我们最重要的事情是把搜索放在突出位置，致力于改善和打造一个我们引以为骄傲的搜索产品，”她表示，“我们需要并且希望在搜索领域有更多的创新。”
裁员开销
此外，收购报价者还正在判定的一件事情是，如果雅虎裁员，他们需要为此支付多少裁员费。截至今年3月31日，雅虎有员工9400人，其中不包括已安排在今年将要裁减的员工数。在过去一年为了防止员工跳槽，梅耶尔及雅虎董事会给雇员赠送了大量股票奖励。
截至今年3月31日，雅虎拥有3550万股未行权受限流通股。按照雅虎现在股价，这些股票价值达13亿美元。此外，雅虎还有540万股流通股票期权。仅雅虎前四位高管——包括梅耶尔，如果他们遭遇解雇，将一共可获得约1亿美元补偿，其中包括两年的股票奖励。
研究机构Pivotal Research分析师布莱恩·维瑟(Brian Wieser)预估雅虎的运营业务价值35亿美元，但他表示，最终的出售价格对雅虎股介不会产生什么影响。由于市场对雅虎变卖自己的猜测，雅虎股价今年以来呈现上涨势头。
一旦任何交易对外宣布，投资者的注意力将会转向影响股价的最大问题：雅虎如何处理并利用其所持阿里巴巴和雅虎日本公司获利。雅虎持有阿里巴巴15%股份，市值达310亿美元。雅虎持有雅虎日本公司35.5%股份，价值约为90亿美元。处理这些股份的过程可能需要花费数月时间，因为其中伴随复杂的税负和法律问题。