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Yahoo on Tumblr Deal: We need lawyers, not bankers.
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Date: May 20th, 2013 12:50 PM Author: Concupiscible wine mental disorder 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) |
Date: May 20th, 2013 12:51 PM Author: comical theater Good. Fuck bankers (http://www.autoadmit.com/thread.php?thread_id=2261167&forum_id=2#23235446) |
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Date: May 20th, 2013 12:55 PM Author: Concupiscible wine mental disorder http://i.imgur.com/PELYqNV.jpg
I am good at dealing with people! |
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Date: May 20th, 2013 12:56 PM Author: Primrose Lettuce "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
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Date: May 20th, 2013 12:57 PM Author: Concupiscible wine mental disorder You can't always (ahem, ever) win. (http://www.autoadmit.com/thread.php?thread_id=2261167&forum_id=2#23235475) |
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Date: May 20th, 2013 12:58 PM Author: Concupiscible wine mental disorder 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) |
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Date: May 20th, 2013 12:58 PM Author: Pungent insecure whorehouse Mark Cuban LITERALLY loling all the way to the bank (http://www.autoadmit.com/thread.php?thread_id=2261167&forum_id=2#23235476) |
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Date: May 20th, 2013 12:58 PM Author: Primrose Lettuce http://money.cnn.com/1999/04/01/deals/yahoo/ (http://www.autoadmit.com/thread.php?thread_id=2261167&forum_id=2#23235478) |
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Date: May 20th, 2013 12:58 PM Author: Pungent insecure whorehouse 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) |
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Date: May 20th, 2013 12:59 PM Author: Concupiscible wine mental disorder http://i.imgur.com/t8dZTHb.jpg (http://www.autoadmit.com/thread.php?thread_id=2261167&forum_id=2#23235490) |
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Date: May 20th, 2013 1:20 PM Author: arousing hilarious theatre giraffe "Yahoo!, one of the biggest gateways, or portals, to the Internet"
rofl cuck |
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Date: May 20th, 2013 1:34 PM Author: wonderful lodge prole Overture worked out for them (http://www.autoadmit.com/thread.php?thread_id=2261167&forum_id=2#23235628) |
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Date: May 20th, 2013 1:38 PM Author: Soul-stirring vermilion base rigor Geocities sooo didn't (http://www.autoadmit.com/thread.php?thread_id=2261167&forum_id=2#23235640) |
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Date: May 20th, 2013 1:46 PM Author: stimulating light shitlib 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) |
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Date: May 20th, 2013 2:15 PM Author: Tan pistol 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) |
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Date: May 20th, 2013 2:23 PM Author: stimulating light shitlib 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) |
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Date: May 20th, 2013 2:56 PM Author: massive histrionic abode 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) |
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Date: May 20th, 2013 2:26 PM Author: Floppy Aggressive Meetinghouse 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) |
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Date: May 20th, 2013 2:46 PM Author: Tan pistol 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) |
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Date: May 21st, 2013 12:19 AM Author: Sick stage striped hyena And then it is a care claim and exculpated under 102(b)(7) ....
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Date: May 20th, 2013 1:56 PM Author: Dun cerebral school *no bankers on deal*
*wildly overpays for acquisition*
*wonders why company has been shit for 10 years* |
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Date: May 20th, 2013 2:06 PM Author: Floppy Aggressive Meetinghouse 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) |
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Date: May 20th, 2013 2:12 PM Author: stimulating light shitlib Bro could it really get any worse than it already is? (http://www.autoadmit.com/thread.php?thread_id=2261167&forum_id=2#23235831) |
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Date: May 20th, 2013 2:21 PM Author: Floppy Aggressive Meetinghouse 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) |
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Date: May 20th, 2013 11:53 PM Author: Concupiscible wine mental disorder "and she's pulled a couple insane stunts already"
Are you talking about that shitty company she bought from a teenager? |
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Date: May 20th, 2013 2:19 PM Author: territorial electric sweet tailpipe piazza 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) |
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Date: May 20th, 2013 2:22 PM Author: Floppy Aggressive Meetinghouse 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) |
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Date: May 20th, 2013 3:13 PM Author: Concupiscible wine mental disorder 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) |
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Date: May 20th, 2013 11:56 PM Author: fishy infuriating famous landscape painting Buyers don't get sued do they? (http://www.autoadmit.com/thread.php?thread_id=2261167&forum_id=2#23239520) |
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Date: May 21st, 2013 12:40 AM Author: Floppy Aggressive Meetinghouse Ask HP. (http://www.autoadmit.com/thread.php?thread_id=2261167&forum_id=2#23239864) |
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Date: May 21st, 2013 12:20 AM Author: Sick stage striped hyena 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) |
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Date: May 21st, 2013 12:40 AM Author: Floppy Aggressive Meetinghouse 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) |
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Date: May 21st, 2013 1:18 AM Author: ruby razzle windowlicker 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) |
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Date: May 21st, 2013 12:51 AM Author: Cheese-eating Racy Kitty Cat 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) |
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Date: May 21st, 2013 12:53 AM Author: Sick stage striped hyena 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) |