Friday, July 09, 2010

Yahoo retools its acquisition strategy - The Boston Globe

I suppose this is a start, strategy-wise…

Yahoo Inc.’s chief financial officer, Tim Morse, says he plans to reverse the company’s pattern of overpaying for acquisitions.

“You’ve seen our track record on M&A with buying really high and selling pretty low,’’ Morse said. “We’ve got to be careful.’’

Yahoo retools its acquisition strategy - The Boston Globe

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