Yahoo! sale

After firing its CEO, Carol Bartz, Tuesday, 6 September 2011, Yahoo would otherwise be sold. Yahoo said the owner would let the next owner to fix the problems that continue to buy these leading Internet companies.


Reported by the Wall Street Journal, Wednesday, September 7, 2011, the Board of Commissioners Yahoo! has revealed the plan after firing Bartz clearly over the phone. "Yahoo! will be sold to those who submitted the bid price is right," said one member of the Board of Commissioners to the Wall Street Journal.
This step is considered the right choice so that Yahoo! can return to compete with other major sites. Google and Facebook, for instance, who was born after Yahoo! has now run faster, while Yahoo! left without innovation.
"I think this is the right step, but unfortunately, a year late. Business Yahoo! already damaged," said Trip Chowdry, an analyst at Global Equity Research, as quoted by CNN.
The problem now is how to find the right buyer. CNN preach Yahoo! Microsoft had bid three years ago at a price of U.S. $ 47 billion or about Rp401 trillion. But, due to declining performance, the price of Yahoo in the market today only about U.S. $ 17 billion or about Rp145 trillion.
Melorotnya price this is one reason Yahoo's Board of Commissioners Bartz fired. Besides without innovation, Yahoo has been declared unable to compete to attract big advertisers. This led to the loss of investor confidence in Yahoo, especially investors from China and Japan. In addition, Yahoo is also regarded as the Internet company without a clear vision.
Dismissal Bartz more or less effect on prices in the stock market Yahoo!. After the dismissal was announced, shares Yahoo! rose 4 percent in trading Wednesday afternoon yesterday, to U.S. $ 13.50. However, Yahoo need more than that. Currently they need a new CEO who can revive the fame name Yahoo.
"We recommend that the Board of Commissioners reached an agreement to sell all or part of this company before I was appointed the new CEO," said Youssef Squali, analyst at Jefferies & Co.., Which also estimates the share price ideal for Yahoo! is between U.S. $ 18 to $ 20. (Kd)