An Inside Look at the $4.83 Billion Verizon-Yahoo Deal

The transcript discusses Yahoo's decision to sell its core business to Verizon, highlighting the board's strategic role and the impact of leaks on the sale process. It details the competitive bidding environment, involving private equity firms, and emphasizes the board's efforts, particularly those of Tom McInerney, Jeff Smith, and Eric Brandt, in driving the sale to a successful conclusion. The narrative underscores the challenges and strategic decisions made to ensure the best outcome for shareholders.

What was the initial plan for Yahoo before deciding to sell to Verizon?

• To expand into new markets

• To merge with another tech giant

• To spin off its core business

• To acquire smaller companies

How did leaks affect the Yahoo sale process?

• They had no impact

• They attracted more bidders

• They increased the sale price

• They created uncertainty and were harmful

What role did private equity firms play in Yahoo's sale process?

• They influenced the final sale terms

• They were the final buyers

• They withdrew early from the process

• They had no involvement

Who were the key members of the board committee involved in Yahoo's sale?

• Larry Page, Sergey Brin, and Sundar Pichai

• Tim Armstrong, Lowell McAdam, and Hans Vestberg

• Marissa Mayer, David Filo, and Jerry Yang

• Tom McInerney, Jeff Smith, and Eric Brandt

What was a primary focus for the board committee during the Yahoo sale process?

• Reducing operational costs

• Ensuring pricing certainty

• Maximizing employee retention

• Expanding Yahoo's market share