Actionable news
0
All posts from Actionable news
Actionable news in YHOO: Yahoo! Inc.,

Yahoo drops acquisition proxy: Deal timelines, golden parachutes

In a lengthy acquisition proxy filed tonight, tied to its eventual $4.83B deal to be acquired by Verizon (VZ -3.3%), Yahoo (YHOO -3.3%) revealed that as many as 51 parties expressed initial interest in buying the company after Feb. 19, a number that whittled down to 32 signing confidentiality agreements, then 19 in early April and 14 by April 18.

The filing also provides voluminous details of discussions around an (unconsummated) deal between Yahoo, Yahoo Japan and Alibaba.

As forecast, what's left after the Verizon...


More