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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...
Charcoal Know-it-all Cruise Ship Mediation
  05/20/13
Good. Fuck bankers
rusted erotic institution genital piercing
  05/20/13
http://i.imgur.com/PELYqNV.jpg I am good at dealing with ...
Charcoal Know-it-all Cruise Ship Mediation
  05/20/13
"The only bigger transactions were the company’s takeov...
irate multi-billionaire goal in life
  05/20/13
You can't always (ahem, ever) win.
Charcoal Know-it-all Cruise Ship Mediation
  05/20/13
Cuban: The fuck I can't. http://i.imgur.com/yl5LRDJ.jpg
Charcoal Know-it-all Cruise Ship Mediation
  05/20/13
Mark Cuban LITERALLY loling all the way to the bank
emerald kitty
  05/20/13
http://money.cnn.com/1999/04/01/deals/yahoo/
irate multi-billionaire goal in life
  05/20/13
amazing that just 15 years ago you could sell a totally non-...
emerald kitty
  05/20/13
http://i.imgur.com/t8dZTHb.jpg
Charcoal Know-it-all Cruise Ship Mediation
  05/20/13
"Yahoo!, one of the biggest gateways, or portals, to th...
chestnut site
  05/20/13
Overture worked out for them
flatulent comical market lettuce
  05/20/13
Geocities sooo didn't
Frozen quadroon
  05/20/13
isn't this a good way to get pwned by a derivative suit if t...
geriatric theater trump supporter
  05/20/13
I'm pretty sure the board bros can say something along the l...
Scarlet Liquid Oxygen School
  05/20/13
depends how big of a screw-up happens i guess. if you just p...
geriatric theater trump supporter
  05/20/13
Couldn't they hire a valuation firm to do that for a lot les...
Electric bearded stead brethren
  05/20/13
You're doing the wrong analysis. Not hiring bankers, or hiri...
cruel-hearted drab gaping sandwich
  05/20/13
Dude. First of all, plaintiff attorneys would have sued the...
Scarlet Liquid Oxygen School
  05/20/13
And then it is a care claim and exculpated under 102(b)(7) ....
Bisexual property roast beef
  05/21/13
*no bankers on deal* *wildly overpays for acquisition* ...
stirring parlour
  05/20/13
The bankers that were on the deal are notoriously terrible, ...
cruel-hearted drab gaping sandwich
  05/20/13
Bro could it really get any worse than it already is?
geriatric theater trump supporter
  05/20/13
Yes. Have you ever dealt with a woman in the 6-12 months aft...
cruel-hearted drab gaping sandwich
  05/20/13
"and she's pulled a couple insane stunts already" ...
Charcoal Know-it-all Cruise Ship Mediation
  05/20/13
How common is it for a deal over 100m+ to not involve banker...
Yapping gas station degenerate
  05/20/13
Very, very uncommon, especially if there's a public company ...
cruel-hearted drab gaping sandwich
  05/20/13
Doesn't Yahoo already have a few people who can use Excel?
Charcoal Know-it-all Cruise Ship Mediation
  05/20/13
Buyers don't get sued do they?
Puce background story
  05/20/13
Ask HP.
cruel-hearted drab gaping sandwich
  05/21/13
Some mega companies in tech have inhouse M&A groups that...
Bisexual property roast beef
  05/21/13
Even those companies would almost always hire bankers for a ...
cruel-hearted drab gaping sandwich
  05/21/13
What do you need bankers for when there are no revenues? Th...
Disturbing insecure box office
  05/21/13
a cawg literally running a company founded by an Asian man i...
Costumed temple
  05/21/13
Because an alpha aspie white dood wanted to buy it and the A...
Bisexual property roast beef
  05/21/13


Poast new message in this thread



Reply Favorite

Date: May 20th, 2013 12:50 PM
Author: Charcoal Know-it-all Cruise Ship Mediation

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: rusted erotic institution genital piercing

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: Charcoal Know-it-all Cruise Ship Mediation

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: irate multi-billionaire goal in life

"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: Charcoal Know-it-all Cruise Ship Mediation

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: Charcoal Know-it-all Cruise Ship Mediation

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: emerald kitty

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: irate multi-billionaire goal in life

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: emerald kitty

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: Charcoal Know-it-all Cruise Ship Mediation

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: chestnut site

"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: flatulent comical market lettuce

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: Frozen quadroon

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: geriatric theater trump supporter

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: Scarlet Liquid Oxygen School

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: geriatric theater trump supporter

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: Electric bearded stead brethren

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: cruel-hearted drab gaping sandwich

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: Scarlet Liquid Oxygen School

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: Bisexual property roast beef

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: stirring parlour

*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: cruel-hearted drab gaping sandwich

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: geriatric theater trump supporter

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: cruel-hearted drab gaping sandwich

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: Charcoal Know-it-all Cruise Ship Mediation

"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: Yapping gas station degenerate

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: cruel-hearted drab gaping sandwich

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: Charcoal Know-it-all Cruise Ship Mediation

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: Puce background story

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: cruel-hearted drab gaping sandwich

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: Bisexual property roast beef

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: cruel-hearted drab gaping sandwich

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: Disturbing insecure box office

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: Costumed temple

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: Bisexual property roast beef

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)