Yahoo seeking up to $500 million for small business unit

Yahoo hopes to get up to $500 million for a unit that hosts websites for small companies, after putting it on the market for several months, two people familiar with the matter said.

Yahoo has received interest from corporate buyers and private equity firms, one of the sources familiar with the situation said. It is unclear if any party has made an offer.

But some potential corporate buyers who have looked at the asset in recent months have decided not to bid because they think the price is too high, a second source said.
Last week, Yahoo sold its stake in China's top e-commerce company Alibaba.com for $150 million.

The sources spoke on condition of anonymity because the sale process has not been made public. A Yahoo spokeswoman said the company does not comment on rumors or speculation.

The small business division provides domains, email, Web hosting and other merchant services to customers. Sunnyvale, California-based Yahoo, which posted $7.2 billion in revenue last year, does not break out the unit's performance.

Yahoo prefers to sell to another company rather than a buyout shop, believing that a strategic buyer would be more likely to pay a higher multiple for the synergies that the unit has with its own business, the sources said. Do you think this post is informative??Share this:
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Yahoo to ship 400 employer to Microsoft

Another news about Microsoft Yahoo deal

As a part of the Microsoft-Yahoo search deal, about 400 Yahoos will soon start working for Microsoft instead.
SAI's Dan Frommer unearthed the news in Yahoo's SEC filing on the deal yesterday:

Microsoft will hire no less than 400 Yahoo employees and will pay them competitively. The companies will also agree on a retention plan to keep those 400 and an additional 150 Yahoo employees to help in the transition.

What will it be like, moving from a bleeding-purple Silicon Valley startup made-good to the corporate empire that is Microsoft? We don't know.
The software maker will also hire 150 of Yahoo's staff to assist with the transition, Yahoo said in a Securities and Exchange Commission filing.
Source :- BusinessInsider

It is means Yahoo finished or maybe just change knowledge??

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Microsoft and Yahoo vs Google

Whoa.. There's a collaboration between Microsoft and Yahoo to challenge Google..
Under the 10-year agreement, Yahoo will use Microsoft’s Bing search engine on its Web sites, the companies said today in a statement. Yahoo, in turn, will sell ads that appear next to those Web-search results and the companies will share the revenue.
Microsoft, the world’s largest software maker, is seeking more users for Bing, which has about an eighth of Google’s market share in the U.S., according to research firm ComScore Inc. Yahoo spurned Microsoft’s offer to buy it outright last year for as much as $47.5 billion. Microsoft Chief Executive Officer Steve Ballmer has said an ad deal would help both companies, and Yahoo CEO Carol Bartz said in May that talks were under way.

“This agreement comes with boatloads of value for Yahoo,” Bartz said in the statement. In a May speech she used the word “boatloads” to describe the amount of money she would require to sell Yahoo’s search business.

The agreement may disappoint some investors, because it doesn’t include an upfront payment to Yahoo, said Jeff Lindsay, an analyst at Sanford C Bernstein & Co. in New York.

“Everyone was counting on an upfront payment,” Lindsay said.

Source :- Bloomberg.com

This is such a huge upset of online advertising on the internet.. I think it is because the Google profits is about 65% share while Yahoo and Microsoft together just hold about 28 percent on the market.. Maybe there's some real competition for Google with the collaboration between the competition. But I think Google can cope of it...

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