InfoAnda - PE firms circling AOL turn attention to Yahoo |

Pakistanis angry over detentions in Times Sq. case
Monday, May 24, 2010
ISLAMABAD – Relatives of three men detained by Pakistan for alleged links to the suspect in the attempted Times Square bombing say the men are innocent.
They

Taiwan denies boycotting Australian film festival
Thursday, August 6, 2009

AFP - Thursday, August 6TAIPEI (AFP) - - Taiwan's Beijing-friendly government on Wednesday denied boycotting an Australian film festival amid a row over the e

Merkel's support dips, regional ally resigns International
Thursday, September 3, 2009

By Sarah Marsh and Noah Barkin

BERLIN (Reuters) - Chancellor Angela Merkel suffered a double blow on Thursday as a senior party ally in east German

Minister seeks closure of anti-Berlusconi websites
Wednesday, December 16, 2009
ROME (AFP) - – The Italian government moved Tuesday to close down Internet sites encouraging further violence against Prime Minister Silvio Berlusconi, who

Asian markets mixed after Wall Street rally
Wednesday, March 18, 2009

By ELAINE KURTENBACH,AP Business Writer AP - Wednesday, March 18SHANGHAI - Asia's stock market rally seemed to be running out of steam Wednesday, despite an

Lindsay Lohan says she can't afford court-ordered psych treatment | 22 July 2011
Senior Al-Qaeda member killed in Iraq: US | 8 November 2008
Panasonic, DirecTV team up on 3D | | 7 January 2010

NY police seek Naomi Campbell for assault questions | | 3 March 2010

Forum Views () Forum Replies ()

Read more with google mobile : PE firms circling AOL turn attention to Yahoo |

Edition: U.S. Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom Home Business Business Home Economy Technology Media Small Business Green Business Legal Deals Earnings Summits Business Video Markets Markets Home U.S. Markets European Markets Asian Markets Global Market Data Indices M&A Stocks Bonds Currencies Commodities Futures Funds peHUB World World Home U.S. Brazil China Euro Zone Japan Mexico Russia Afghan Journal Africa Journal India Insight Global News Journal Pakistan: Now or Never? World Video Politics Politics Home Front Row Washington Politics Video Technology Technology Home MediaFile Science Tech Video Opinion Opinion Home Chrystia Freeland Felix Salmon Jack Shafer Breakingviews George Chen Bernd Debusmann Gregg Easterbrook James Pethokoukis James Saft John Wasik Christopher Whalen Ian Bremmer Mohamed El-Erian Lawrence Summers The Great Debate Unstructured Finance Newsmaker MuniLand Money Money Home Analyst Research Global Investing MuniLand Reuters Money Alerts Watchlist Portfolio Stock Screener Fund Screener Personal Finance Video Life & Culture Health Sports Arts Faithworld Business Traveler Left Field Entertainment Oddly Enough Lifestyle Video Pictures Pictures Home Reuters Photographers Full Focus Video Article Comments (2) Video Editor's Choice Geithner asks EU to act decisively, speak as one UBS loss to trigger investment bank retreat Perry: Romney not different enough from Obama Exclusive: U.S. tax-evasion probe turns to Israel SocGen says cooperating over Stanford case Insight: U.S. decision on Taiwan risks China rift Libyan fighters move on besieged towns MuniLand: Thumbs down on infrastructure bank Video: Lessons with Lego: the EU crisis Slideshow: The bodies of Mexico Follow Reuters Facebook Twitter RSS YouTube Read Plane crashes at Nevada air race, at least three dead | 2:05am EDT Geithner's "succinct" message irks Europeans 16 Sep 2011 Scarlett Johansson naked pictures leaked on Web | 14 Sep 2011 Hundreds march in Georgia to oppose Troy Davis execution 16 Sep 2011 Nude Scarlett Johansson Photos Pop Up Online -- FBI's Hot on the Trail 14 Sep 2011 Discussed 160 Al Gore in 24-hour broadcast to convert climate skeptics 134 Number of poor hit record 46 million in 2010 51 Obama tries to sell jobs plan to Congress, voters Watched Scene after plane crashes at Nevada air race Fri, Sep 16 2011 Plane crashes at Nevada air races Fri, Sep 16 2011 Dozens injured in Nevada air race crash Fri, Sep 16 2011 PE firms circling AOL turn attention to Yahoo Tweet Share this Email Print Related News Deals of the day -- mergers and acquisitions Fri, Sep 16 2011 Third Point appeals to Yahoo founder Yang for change Wed, Sep 14 2011 AOL shares fall; report of possible Yahoo tie-up Fri, Sep 9 2011 Major Yahoo shareholder calls for new board Thu, Sep 8 2011 REFILE-UPDATE 2-Google buys Zagat to vie with OpenTable, Yelp Thu, Sep 8 2011 Analysis & Opinion Tech wrap: RIMâ€™s missteps stir talk of sale M & A wrap: Who’s interested in Yahoo? Related Topics Technology » Deals » Global Deals Review: 2011 Q2 » Global Deals Review » Inflows Outflows » Media » Related Video The Exchange: What's next for Yahoo? Fri, Sep 16 2011 Yahoo Inc. offices, housing its Search Marketing Group, are pictured in Burbank, California, October 14, 2010. Credit: Reuters/Fred Prouser By Jennifer Saba NEW YORK | Fri Sep 16, 2011 9:17pm EDT NEW YORK (Reuters) - The troubles at Yahoo Inc are proving to be a headache for AOL, that other deeply challenged Internet company trying to turn around its fortunes. Interest in AOL from private equity firms ramped up after the company's stock plummeted about 30 percent on dismal earnings results last month. Allen & Co and Bank of America Securities are advising AOL on strategic alternatives, including a possible sale, sources said. Problem is, the private equity firms have now turned their attention to Yahoo, which is reportedly seeking its own sale after firing Chief Executive Carol Bartz on September 6 and attracting the ire of activist investor Daniel Loeb. AOL declined to comment for this story. Sources said the top-tier private equity firms that were looking at AOL are now setting their sights on the company famous for its purple logo and peppy exclamation point, viewing it as more valuable and housing more attractive assets than AOL. "Yahoo has jumped to the forefront," said one industry source familiar with the situation. Indeed, according to this industry source and one other source, several PE firms have lines out to at least two media companies to see if they are willing to partner on a bid for all or pieces of Yahoo. Both sources declined to name the PE firms or media companies. AOL and Yahoo are two vastly different business in terms of market value -- roughly $1.6 billion and $19 billion respectively -- meaning that there are different pools of potential buyers for each asset. The big private equity firms with massive amounts of money under management are able to go after Yahoo on their own or with a strategic partner. The smaller private equity firms are better equipped to digest AOL and likely couldn't pursue Yahoo absent being part of a consortia of buyers. Or, to put it another way, AOL's second-class assets are now only attracting the interest of second-tier buyers. Indeed, only when compared to AOL does Yahoo come out the winner. "They are both in rough shape, but AOL has more structural challenges than Yahoo," said Ross Sandler an analyst with RBC Capital Markets. Compounding AOL's problems is the fact that its lucrative subscriber dial-up business is also one of greatest liabilities. Sandler said dial-up is partly responsible for a 25 percent year-on-year decline in AOL's free cash flow. "At Yahoo you don't have those issues," he said. To make up for the loss of subscription revenue, AOL is training its sights on advertising sales. But even that is having set backs. Its launch last September of a more expensive large ad-format with interactive panels that dominate a Web called Project Devil is still trying to gain traction on Madison Avenue. Under Armstrong, AOL has also developed a penchant for investing in projects that have yet to pay out. Case in point: Patch.com. AOL has shoveled roughly $160 million into the network of more than 800 neighborhood-oriented websites dedicated to local news, many of which are less than a year old. Yet Patch is on track to lose $140 million to $150 million this year, estimates Sandler. Though expensive, at least AOL's attention-grabbing acquisition of the Huffington Post for $315 million is delivering returns since the business is profitable. Yahoo's coming on the block couldn't have come at a worse time for Armstrong. The former Google Inc ad sales executive has seen his reputation dented since taking over AOL. According to one of the industry sources, Armstrong' reputation has taken as much of a hit as Bartz's, even before he bungled the dust-up that resulted in TechCrunch founder Michael Arrington's ouster. (Reporting by Jennifer Saba; Editing by Peter Lauria and Richard Chang) Technology Deals Global Deals Review: 2011 Q2 Global Deals Review Inflows Outflows Media Related Quotes and News Company Price Related News Tweet this Link this Share this Digg this Email Reprints We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (2) DoverPro wrote: Anyone care to tell me who “Armstrong” is? A person? A company? A floor tile? I guess I could guess who, but I sure would not know for certain from the article. The AOL HuffPo acquisition may be profitable, but it sure is driving away AOL visitors in droves. I suspect what has happened is that AOL did a customer survey, compiled the results, then did the opposite. And also Jennifer, the “indeeds” are unnecessary. Seems like Peter and Richard need to wake up. Indeed! Sep 16, 2011 9:58pm EDT -- Report as abuse seaislander wrote: In my opinion, AOL started spiraling straight down the moment they acquired the Huff Post. The news is so slanted that it should be called propaganda, not news. It is poorly written with poor sources. also, the readers are mean. The comments boards are full of haters, particularly towards anyone who has a conservative opinion. I know, I’ve gotten my head bitten off every time I’ve shared my opinions or thoughts. I’ve finally quit writing to them. I never had this issue before – and I can’t tolerate the excoriating meanness that I have seen here. I have been an AOL subscriber for about ten years now, but am currently searching for a new subscriber service. They just aren’t what they used to be… and I’m finally ready to give them the heave-ho. I’ll be gone from them in a week or two. Sep 16, 2011 10:54pm EDT -- Report as abuse See All Comments » Add Your Comment Social Stream (What's this?) Edition: U.S. Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom Back to top Reuters.com Business Markets World Politics Technology Opinion Money Pictures Videos Site Index Mobile Legal Bankruptcy Law California Legal New York Legal Securities Law Support & Contact Contact Us Advertise With Us Connect with Reuters Twitter Facebook LinkedIn RSS Newsletters About Privacy Policy Terms of Use Our Flagship financial information platform incorporating Reuters Insider An ultra-low latency infrastructure for electronic trading and data distribution A connected approach to governance, risk and compliance Our next generation legal research platform Our global tax workstation Thomsonreuters.com About Thomson Reuters Investor Relations Careers Contact Us Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests. NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

Other News on Saturday, 17 September 2011
Stars agree to sell team to Vancouver businessman Tom Gaglardi
Novak Djokovic pulls out of Davis Cup match, Argentina takes advantage
Oman government assisting U.S. to release hikers in Iran
Ex-Cavs guard Mo Williams stands behind former boss
U.S. stocks trade in a tight range on Friday after 4 days of gains
Magnitude 6.6 quake hits Japan, no damage reported |
Supreme Court to decide whether ministers avoid job lawsuits
Google search page honors Vitamin C discoverer
U.S. says Algiers embassy alerted to al Qaeda threat |
White fruits and veggies may lower stroke risk
Europe dominates second day, pulls within a point at Seve Trophy
One-third of Americans think Hillary Cilnton would be better president
World reacted too slow to East Africa crisis: DEC head |
Berlusconi woes mount as suspected pimp faces trial |
Pakistan army doubts Afghanistan ready for pull-out |
France bans street prayers |
Ex-IRA guerrilla McGuinness to run for Irish president |
Blackberry Messenger disrupted in the Americas |
Seven states join effort to stop AT&T/T-Mobile deal |
BlackBerry maker's missteps stir talk of its sale |
Twitter's board loses two early investors |
Shares of video game companies swing on reviews |
Irish startup sells translation for app developers |
Software helps government track recovery funds |
Bluesman Willie Big Eyes Smith dies at age 75 |
Charlie Sheen admits he was not winning but losing |
Bocelli marks another milestone with NYC concert |
Contract reveals Beatles' anti-segregation stance |
Exclusive: Haqqanis to follow Taliban on Afghan peace |
Overnight shooting in Yemen's capital wounds 8 |
Wausau woman hooks national fame; hauls artificial leg in Minnesota lake
WNBA playoff: Harding pumps in 21 points, Dream tops Sun in series opener
Non Artest: Lakers star gives Metta World Peace a chance as new name
Emirates, Virgin America top Airline Passenger Choice awards
Youngster Lexi Thompson leads by two at LPGA Navistar Classic
Leafs sign defenseman Luke Schenn to five-year, $18M pact
U.S. confirms veto position if Palestinians move UNSC for statehood
Court clears Venezuela candidate to challenge Chavez |
No Doubt to delay album release until 2012
150 Jobs Available In $300m Iowa Aluminum Plant Expansion
Mark Wilson, Justin Rose share halfway lead at BMW championship
PE firms circling AOL turn attention to Yahoo |
Hulu sale at risk even as new bids are due |
EBay builds new division to woo developers |
Reality TV's Tareq Salahi seeks divorce from Michaele |
Ryan Gosling turns tough guy for thriller Drive |
Pearl Jam opens up on 20 years of rock fame |
Gaddafi loyalists resist and say NATO kills 354 Libyans |
Attack in western Ivory Coast kills 15: state TV |
Michael Allen moves in front at Songdo IBD championship
Mideast Quartet envoys to meet in New York on Sunday |
Small blast injures three people in India's Agra |
Jim Thome enjoys Target Field return, homers as Tribe edge Twins
Toledo crushed by Kellen Moore, Boise State at home
Austin Dillon wins Chicago Truck race
Somalia bans foreign aid workers from rebel areas |
Oregon State Divided over Approved Minimum Wage Hike
23,000 California nurses to go on strike Sept. 22
Accused Nigerian bombers are junior: government official |
Greek PM cancels U.S. visit to focus on debt review |
Chinese artist Ai weighs future as activist: report |
Movie slams pink-washing in breast cancer campaigns |
Paul McCartney posts wedding banns in London |
Greece at new risk of being pushed off euro
Bodies of missing Tenn. mom, Jo Ann Bain, and daughter found
Female Breasts Are Bigger Than Ever
AMD Trinity Accelerated Processing Units Now in Volume Production
The Avengers (2012 film), made the second biggest opening- and single-day gross of all-time
AMD to Start Production of piledriver
Ivy Bridge Quad-Core, Four-Thread Desktop CPUs
Islamists Protest Lady Gaga's Concert in Indonesia
Japan Successfully Broadcasts an 8K Signal Over the Air
ECB boosts loans to 1 trillion Euro to stop credit crunch
Egypt : Mohammed Morsi won with 52 percent
What do you call 100,000 Frenchmen with their hands up
AMD Launches AMD Embedded R-Series APU Platform
Fed Should not Ignore Emerging Market Crisis
Fed casts shadow over India, emerging markets
Why are Chinese tourists so rude? A few insights

USD EUR - 1 year graph		BlogMeter 1.01