Monday, March 7, 2016

Is it time for Yahoo to say goodbye to the public stock market?

Yahoo was among the first internet companies in history to go public, and now has a 20-year run living in the public markets.

But the company has been in a constant state of crisis and turmoil for at least half of that time.

The long-awaited turnaround in Yahoo’s business has frustrated a string of CEOs and investors, with CEO Marissa Mayer the latest to try her hand and come up short.

One intriguing idea now making the rounds is whether Yahoo might finally be able to save itself by going private.

The idea was most famously modeled by another tech pioneer that fell on tough times. Michael Dell, the founder of the eponymous PC company, did just that in 2013.

After getting battered on Wall Street for years, Dell hooked up with Silver Lake Partners, ponied up some of his personal fortune, and orchestrated a $25 billion deal that turned the PC maker back into a privately held firm (though theresults are still up in the air).


http://www.businessinsider.com/going-private-wont-save-yahoo-2016-3

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