Yahoo Might Be Making Another Mistake With Hulu
by StockBaller
Ask most people what they think of Yahoo (YHOO), and you'll encounter a lot of cynicism. Once a search giant, the company has clearly taken a backseat to Google (GOOG), and now faces the challenge of deciding what areas of business it should reach into beyond its main business. YHOO has made numerous acquisitions and business moves into various industries over its history, but it could certainly be argued that the company has not had a strong history of making smart decisions when it comes to acquisitions. Some of the biggest examples of businesses that YHOO overpaid for are Broadcast.com (for $5.7 billion in stock in 1999), GeoCities for $3.6 billion in 1999 and Overture for $1.63 billion in 2003, together with a plethora of smaller acquisitions. read more »
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