Home » Black Swans » Yahoo Needs Positive Drama Meaning Acquisitions. Will Marissa Mayer Trump Daniel Loeb $YHOO

Yahoo Needs Positive Drama Meaning Acquisitions. Will Marissa Mayer Trump Daniel Loeb $YHOO

Y from the Yahoo logo

Y from the Yahoo logo (Photo credit: Wikipedia)

Yahoo (Nasdaq:YHOO) just hired a new boss. Everyone thinks it’s a great idea. The pressure is now on. Fixing the nuts and bolts of Yahoo is a tough long slog. That means acquisitions of sexy new products and ventures. Do not look for large number bulk ups where everyone worries when they will become accretive.

Yahoo has some $2 billion in cash and equivalents. My sense is they could get access to more if needed. The board will back her or else look incredibly stupid. The activist investor Daniel Loeb will now find it difficult to complain as he sits on the board and sees a steady diet of new deals.

Was it Daniel Loeb pushing for something bold that caused the selection committee to look at Marissa Mayer. Probably.

George Gutowski writes from a caveat emptor perspective.

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