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Yahoo on Tumblr Deal: We need lawyers, not bankers.

http://dealbook.nytimes.com/2013/05/20/tumblr-deal-was-a-pri...
Contagious Disturbing Parlor
  05/20/13
Good. Fuck bankers
yellow tanning salon
  05/20/13
http://i.imgur.com/PELYqNV.jpg I am good at dealing with ...
Contagious Disturbing Parlor
  05/20/13
"The only bigger transactions were the company’s takeov...
Coral mexican principal's office
  05/20/13
You can't always (ahem, ever) win.
Contagious Disturbing Parlor
  05/20/13
Cuban: The fuck I can't. http://i.imgur.com/yl5LRDJ.jpg
Contagious Disturbing Parlor
  05/20/13
Mark Cuban LITERALLY loling all the way to the bank
Rough-skinned library hairy legs
  05/20/13
http://money.cnn.com/1999/04/01/deals/yahoo/
Coral mexican principal's office
  05/20/13
amazing that just 15 years ago you could sell a totally non-...
Rough-skinned library hairy legs
  05/20/13
http://i.imgur.com/t8dZTHb.jpg
Contagious Disturbing Parlor
  05/20/13
"Yahoo!, one of the biggest gateways, or portals, to th...
Saffron volcanic crater turdskin
  05/20/13
Overture worked out for them
pink thriller lay
  05/20/13
Geocities sooo didn't
shimmering school cafeteria kitty cat
  05/20/13
isn't this a good way to get pwned by a derivative suit if t...
doobsian kitty ladyboy
  05/20/13
I'm pretty sure the board bros can say something along the l...
glittery topaz nibblets friendly grandma
  05/20/13
depends how big of a screw-up happens i guess. if you just p...
doobsian kitty ladyboy
  05/20/13
Couldn't they hire a valuation firm to do that for a lot les...
jet hall deer antler
  05/20/13
You're doing the wrong analysis. Not hiring bankers, or hiri...
irradiated sienna address
  05/20/13
Dude. First of all, plaintiff attorneys would have sued the...
glittery topaz nibblets friendly grandma
  05/20/13
And then it is a care claim and exculpated under 102(b)(7) ....
Razzle-dazzle Buck-toothed Halford
  05/21/13
*no bankers on deal* *wildly overpays for acquisition* ...
boyish idiotic indian lodge trump supporter
  05/20/13
The bankers that were on the deal are notoriously terrible, ...
irradiated sienna address
  05/20/13
Bro could it really get any worse than it already is?
doobsian kitty ladyboy
  05/20/13
Yes. Have you ever dealt with a woman in the 6-12 months aft...
irradiated sienna address
  05/20/13
"and she's pulled a couple insane stunts already" ...
Contagious Disturbing Parlor
  05/20/13
How common is it for a deal over 100m+ to not involve banker...
underhanded cheese-eating dingle berry
  05/20/13
Very, very uncommon, especially if there's a public company ...
irradiated sienna address
  05/20/13
Doesn't Yahoo already have a few people who can use Excel?
Contagious Disturbing Parlor
  05/20/13
Buyers don't get sued do they?
Fiercely-loyal costumed resort pervert
  05/20/13
Ask HP.
irradiated sienna address
  05/21/13
Some mega companies in tech have inhouse M&A groups that...
Razzle-dazzle Buck-toothed Halford
  05/21/13
Even those companies would almost always hire bankers for a ...
irradiated sienna address
  05/21/13
What do you need bankers for when there are no revenues? Th...
stirring ocher immigrant
  05/21/13
a cawg literally running a company founded by an Asian man i...
Adventurous theater national security agency
  05/21/13
Because an alpha aspie white dood wanted to buy it and the A...
Razzle-dazzle Buck-toothed Halford
  05/21/13


Poast new message in this thread



Reply Favorite

Date: May 20th, 2013 12:50 PM
Author: Contagious Disturbing Parlor

http://dealbook.nytimes.com/2013/05/20/tumblr-deal-was-a-private-party-with-few-bankers-invited/

(http://www.autoadmit.com/thread.php?thread_id=2261167&forum_id=2#23235435)



Reply Favorite

Date: May 20th, 2013 12:51 PM
Author: yellow tanning salon

Good. Fuck bankers

(http://www.autoadmit.com/thread.php?thread_id=2261167&forum_id=2#23235446)



Reply Favorite

Date: May 20th, 2013 12:55 PM
Author: Contagious Disturbing Parlor

http://i.imgur.com/PELYqNV.jpg

I am good at dealing with people!

(http://www.autoadmit.com/thread.php?thread_id=2261167&forum_id=2#23235466)



Reply Favorite

Date: May 20th, 2013 12:56 PM
Author: Coral mexican principal's office

"The only bigger transactions were the company’s takeovers of Broadcast.com ($5.7 billion), Geocities ($3.6 billion) and the ad company Overture ($1.6 billion)"

JFC



(http://www.autoadmit.com/thread.php?thread_id=2261167&forum_id=2#23235470)



Reply Favorite

Date: May 20th, 2013 12:57 PM
Author: Contagious Disturbing Parlor

You can't always (ahem, ever) win.

(http://www.autoadmit.com/thread.php?thread_id=2261167&forum_id=2#23235475)



Reply Favorite

Date: May 20th, 2013 12:58 PM
Author: Contagious Disturbing Parlor

Cuban: The fuck I can't. http://i.imgur.com/yl5LRDJ.jpg

(http://www.autoadmit.com/thread.php?thread_id=2261167&forum_id=2#23235481)



Reply Favorite

Date: May 20th, 2013 12:58 PM
Author: Rough-skinned library hairy legs

Mark Cuban LITERALLY loling all the way to the bank

(http://www.autoadmit.com/thread.php?thread_id=2261167&forum_id=2#23235476)



Reply Favorite

Date: May 20th, 2013 12:58 PM
Author: Coral mexican principal's office

http://money.cnn.com/1999/04/01/deals/yahoo/

(http://www.autoadmit.com/thread.php?thread_id=2261167&forum_id=2#23235478)



Reply Favorite

Date: May 20th, 2013 12:58 PM
Author: Rough-skinned library hairy legs

amazing that just 15 years ago you could sell a totally non-viable, unprofitable business for $6 Billion

(http://www.autoadmit.com/thread.php?thread_id=2261167&forum_id=2#23235486)



Reply Favorite

Date: May 20th, 2013 12:59 PM
Author: Contagious Disturbing Parlor

http://i.imgur.com/t8dZTHb.jpg

(http://www.autoadmit.com/thread.php?thread_id=2261167&forum_id=2#23235490)



Reply Favorite

Date: May 20th, 2013 1:20 PM
Author: Saffron volcanic crater turdskin

"Yahoo!, one of the biggest gateways, or portals, to the Internet"

rofl cuck

(http://www.autoadmit.com/thread.php?thread_id=2261167&forum_id=2#23235566)



Reply Favorite

Date: May 20th, 2013 1:34 PM
Author: pink thriller lay

Overture worked out for them

(http://www.autoadmit.com/thread.php?thread_id=2261167&forum_id=2#23235628)



Reply Favorite

Date: May 20th, 2013 1:38 PM
Author: shimmering school cafeteria kitty cat

Geocities sooo didn't

(http://www.autoadmit.com/thread.php?thread_id=2261167&forum_id=2#23235640)



Reply Favorite

Date: May 20th, 2013 1:46 PM
Author: doobsian kitty ladyboy

isn't this a good way to get pwned by a derivative suit if things go south

(http://www.autoadmit.com/thread.php?thread_id=2261167&forum_id=2#23235670)



Reply Favorite

Date: May 20th, 2013 2:15 PM
Author: glittery topaz nibblets friendly grandma

I'm pretty sure the board bros can say something along the lines of "it's all good, we were exercising our judgment of business" and that should've good enough.

(http://www.autoadmit.com/thread.php?thread_id=2261167&forum_id=2#23235849)



Reply Favorite

Date: May 20th, 2013 2:23 PM
Author: doobsian kitty ladyboy

depends how big of a screw-up happens i guess. if you just paid over double for a company and the books are a mess and you realize afterward you just spent a billion on almost nothing -- and a banker could have easily done a valuation and told you that you were insane to pay $1 bill+ -- i'm not sure it would be enough to be like "hey bros it was my business judgment that we shouldn't engage experts to value a $1 billion+ acquisition!"

(http://www.autoadmit.com/thread.php?thread_id=2261167&forum_id=2#23235895)



Reply Favorite

Date: May 20th, 2013 2:56 PM
Author: jet hall deer antler

Couldn't they hire a valuation firm to do that for a lot less than the cost of having bankers run the deal?

(http://www.autoadmit.com/thread.php?thread_id=2261167&forum_id=2#23236096)



Reply Favorite

Date: May 20th, 2013 2:26 PM
Author: irradiated sienna address

You're doing the wrong analysis. Not hiring bankers, or hiring shitty ones without a name brand, is probably enough to get a judge to entertain a lawsuit. The goal in a deal like this is not to win a lawsuit, it's not to get sued in the first place.

(http://www.autoadmit.com/thread.php?thread_id=2261167&forum_id=2#23235909)



Reply Favorite

Date: May 20th, 2013 2:46 PM
Author: glittery topaz nibblets friendly grandma

Dude. First of all, plaintiff attorneys would have sued them with of without the bankers. They sue them for everything conceivable. In order to get over the BJR they'd basically need to show that these guys were grossly negligent. Good f'ing luck.

(http://www.autoadmit.com/thread.php?thread_id=2261167&forum_id=2#23236023)



Reply Favorite

Date: May 21st, 2013 12:19 AM
Author: Razzle-dazzle Buck-toothed Halford

And then it is a care claim and exculpated under 102(b)(7) ....



(http://www.autoadmit.com/thread.php?thread_id=2261167&forum_id=2#23239688)



Reply Favorite

Date: May 20th, 2013 1:56 PM
Author: boyish idiotic indian lodge trump supporter

*no bankers on deal*

*wildly overpays for acquisition*

*wonders why company has been shit for 10 years*

(http://www.autoadmit.com/thread.php?thread_id=2261167&forum_id=2#23235721)



Reply Favorite

Date: May 20th, 2013 2:06 PM
Author: irradiated sienna address

The bankers that were on the deal are notoriously terrible, too. Marissa Mayer is going to drive this company into the ground.

(http://www.autoadmit.com/thread.php?thread_id=2261167&forum_id=2#23235793)



Reply Favorite

Date: May 20th, 2013 2:12 PM
Author: doobsian kitty ladyboy

Bro could it really get any worse than it already is?

(http://www.autoadmit.com/thread.php?thread_id=2261167&forum_id=2#23235831)



Reply Favorite

Date: May 20th, 2013 2:21 PM
Author: irradiated sienna address

Yes. Have you ever dealt with a woman in the 6-12 months after childbirth? I'm all for workplace and gender equality but asking such a sack of raging hormones to "shake things up" to turn around a company seems like a colossal mistake and she's pulled a couple insane stunts already.

(http://www.autoadmit.com/thread.php?thread_id=2261167&forum_id=2#23235886)



Reply Favorite

Date: May 20th, 2013 11:53 PM
Author: Contagious Disturbing Parlor

"and she's pulled a couple insane stunts already"

Are you talking about that shitty company she bought from a teenager?

(http://www.autoadmit.com/thread.php?thread_id=2261167&forum_id=2#23239502)



Reply Favorite

Date: May 20th, 2013 2:19 PM
Author: underhanded cheese-eating dingle berry

How common is it for a deal over 100m+ to not involve bankers (any one party)? What about for 1bn+?

(http://www.autoadmit.com/thread.php?thread_id=2261167&forum_id=2#23235878)



Reply Favorite

Date: May 20th, 2013 2:22 PM
Author: irradiated sienna address

Very, very uncommon, especially if there's a public company involved since the board has all kinds of duties to public shareholders. If any of you bros are plaintiff-side securities class action lawyers you should file ASAP.

(http://www.autoadmit.com/thread.php?thread_id=2261167&forum_id=2#23235892)



Reply Favorite

Date: May 20th, 2013 3:13 PM
Author: Contagious Disturbing Parlor

Doesn't Yahoo already have a few people who can use Excel?

(http://www.autoadmit.com/thread.php?thread_id=2261167&forum_id=2#23236199)



Reply Favorite

Date: May 20th, 2013 11:56 PM
Author: Fiercely-loyal costumed resort pervert

Buyers don't get sued do they?

(http://www.autoadmit.com/thread.php?thread_id=2261167&forum_id=2#23239520)



Reply Favorite

Date: May 21st, 2013 12:40 AM
Author: irradiated sienna address

Ask HP.

(http://www.autoadmit.com/thread.php?thread_id=2261167&forum_id=2#23239864)



Reply Favorite

Date: May 21st, 2013 12:20 AM
Author: Razzle-dazzle Buck-toothed Halford

Some mega companies in tech have inhouse M&A groups that function as bankers so not unheard of.

(http://www.autoadmit.com/thread.php?thread_id=2261167&forum_id=2#23239698)



Reply Favorite

Date: May 21st, 2013 12:40 AM
Author: irradiated sienna address

Even those companies would almost always hire bankers for a billion dollar deal.

(http://www.autoadmit.com/thread.php?thread_id=2261167&forum_id=2#23239859)



Reply Favorite

Date: May 21st, 2013 1:18 AM
Author: stirring ocher immigrant

What do you need bankers for when there are no revenues? This is all just wild guessing at how yahoo can monetize their base

(http://www.autoadmit.com/thread.php?thread_id=2261167&forum_id=2#23240088)



Reply Favorite

Date: May 21st, 2013 12:51 AM
Author: Adventurous theater national security agency

a cawg literally running a company founded by an Asian man into the ground, why?

(http://www.autoadmit.com/thread.php?thread_id=2261167&forum_id=2#23239946)



Reply Favorite

Date: May 21st, 2013 12:53 AM
Author: Razzle-dazzle Buck-toothed Halford

Because an alpha aspie white dood wanted to buy it and the Asian did not sell and a jew got mad and everyone ditched the Asian guy.

(http://www.autoadmit.com/thread.php?thread_id=2261167&forum_id=2#23239957)