- Tools for Investors
- Stock News
- Investing Ideas
- Econ & Policy
- Personal Finance
Since Marissa Mayer became Yahoo’s (NASDAQ:YHOO) chief executive in July of 2012 the company has proceeded cautiously, selling assets to raise cash and avoiding pricey acquisitions.
Apparently that mode of operation is about to go out the window.
According to CNBC and AllThingsD, the head of M&A at Yahoo, Jackie Reses, let slip that Yahoo is working on acquiring two “significant” companies, bolstered by four smaller talent “acqui-hires”— buying a company for its workforce rather than its products.
So what companies will Yahoo target with its nearly $6 billion in excess cash? Here are some big-name companies considered top targets for one of Yahoo’s two “significant” acquisitions…
Pinterest is a pin-board style, image sharing website that allows users to interact by sharing collections of pictures with friends who have common interests. The website was recently valued at $2.5 billion and has long been linked as a potential acquisition of Amazon (NASDAQ:AMZN) and Facebook (NASDAQ:FB), but perhaps Yahoo will beat them to the punch.
With over 30 million users…
Don't miss one of the biggest bull markets in history! Covers Gold, Silver, Gold & Silver stocks, and miners.
There's always a bull market in some sector! Find the best opportunities in commodities.