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Technology
Beyond Reality
Yahoo: The Terry Semel discount: $4bn
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<blockquote data-quote="geek" data-source="post: 339"><p><img src="http://valleywag.com/assets/resources/Picture%20228-1.jpg" alt="" class="fr-fic fr-dii fr-draggable " data-size="" style="" />A measure of the cost to <a href="http://valleywag.com/tech/yahoo/" target="_blank">Yahoo</a>'s shareholders of <a href="http://valleywag.com/tech/terry-semel/" target="_blank">Terry Semel</a>'s continued management: take a look at <a href="http://finance.google.com/finance?q=YHOO" target="_blank">the company's share price</a>, today. It jumped, first, on rumors that Semel might be out, and surged when the market closed, and the official news came out. So how much had Semel depressed Yahoo's shares? Taking the after-market price, Yahoo's added about $4bn in value. Unfortunately, that's because one of the obstacles to a takeover has now been removed, rather than a reflection of investors' hopes for new management.<a href="http://feeds.gawker.com/~a/valleywag/full?a=mrOGnG" target="_blank"><img src="http://feeds.gawker.com/~a/valleywag/full?i=mrOGnG" alt="" class="fr-fic fr-dii fr-draggable " data-size="" style="" /></img></a></p><p></p><p></p><p><a href="http://valleywag.com/tech/yahoo/the-terry-semel-discount-4bn-269963.php" target="_blank">More...</a></p></blockquote><p></p>
[QUOTE="geek, post: 339"] [IMG]http://valleywag.com/assets/resources/Picture%20228-1.jpg[/IMG]A measure of the cost to [URL="http://valleywag.com/tech/yahoo/"]Yahoo[/URL]'s shareholders of [URL="http://valleywag.com/tech/terry-semel/"]Terry Semel[/URL]'s continued management: take a look at [URL="http://finance.google.com/finance?q=YHOO"]the company's share price[/URL], today. It jumped, first, on rumors that Semel might be out, and surged when the market closed, and the official news came out. So how much had Semel depressed Yahoo's shares? Taking the after-market price, Yahoo's added about $4bn in value. Unfortunately, that's because one of the obstacles to a takeover has now been removed, rather than a reflection of investors' hopes for new management.[URL="http://feeds.gawker.com/~a/valleywag/full?a=mrOGnG"][IMG]http://feeds.gawker.com/~a/valleywag/full?i=mrOGnG[/IMG]</img>[/URL] [url=http://valleywag.com/tech/yahoo/the-terry-semel-discount-4bn-269963.php]More...[/url] [/QUOTE]
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