March 24, 2008
Duly Noted

Yahoo stands proud

In an investor presentation detailing its three-year financial plan and strategic initiatives, Yahoo's board of directors unanimously determined that Microsoft's January 31 unsolicited acquisition proposal substantially undervalues Yahoo. The board cited Yahoo's global brand, large worldwide audience, significant recent investments in advertising platforms and future growth prospects, free cash flow and earnings potential, and unconsolidated investments. It was not clear from the presentation whether the company is still actively seeking suitors.
From the March 2008 Issue of Direct Marketing News »
Related Articles
Related Topics
close

Next Article in Briefs

Sign up to our newsletters

Follow us on Twitter @dmnews

Latest Jobs:

More in Briefs

New Year's Countdown DMN style

New Year's Countdown DMN style

Just in case you missed any of the action, we've pulled together the top Direct Marketing News content of 2012 for you.

Making waves in B2B: Current goings-on in the marketing world

Making waves in B2B: Current goings-on in the ...

Email list prices drop as new marketing players get in the game and veteran vendors beef up their wares.