Yahoo released a lengthy regulatory filing on eroticism ann voskamp make loveFriday evening in which the aging search engine details some of the corporate intrigue behind the scenes of its sale to Verizon earlier this summer.
The 360-page document describes the long and meandering road -- and the dozens of meetings with buyers along the way -- leading to the dilapidated web portal's sale to the telecom giant. Segments of it may be familiar to those who watched the story messily play out in the press.
SEE ALSO: Yahoo has been sold. But what does this mean?Among the revelations: five Yahoo execs could cash out with a combined $89 million in golden parachutes should they lose their jobs; Yahoo would have to pay a $145 million termination fee to Verizon were it to back out of the sale; and a total of 51 potential suitors discussed buying Yahoo at one point or another, among them Yahoo Japan, of which the U.S. arm owns just more than a third (Japanese telecom SoftBank owns the rest).
Yahoo's strategic review committee eventually decided the terms of the proposed cross-Pacific merger were "not compelling," partly because of the taxes on Yahoo's lucrative stake in Chinese e-commerce giant Alibaba.
This Tweet is currently unavailable. It might be loading or has been removed.
The document laid out some generous payouts for Yahoo's higher-ups in the event of a job loss. CEO Marissa Meyer stands to make $44 million at the close her four-year tenure, chief revenue officer Lisa Utzschneider could take home $21 million and the remaining $24 million would be split more or less evenly between chief financial officer Ken Goldman and general counsel Ronald Bell.
Co-founder David Filo, who owns a little more than 7 percent of the company and at one point apparently wanted to be part of the group that ultimately bought it, would get a comparatively tiny $66,000.
The noteworthy details are sparsely scattered among countless "telephonic" meetings between Yahoo board members and other relevant parties that took place throughout last spring and the preceding winter, when serious talks of a deal began. Financial sponsors of the sale are referred to only by letter (e.g. "Sponsor D").
Ultimately, Verizon ended up beating out the several entities still in the running with a $4.83 billion all-cash deal.
The agreement brought to an end a heated battle between Mayer-led executives and investors who had called for the company's sale.
The filing also explains the complex legal maneuvering set to follow the deal; Yahoo will continue to exist only as an investment company under a different name and ticker symbol, while Verizon will absorb its core businesses and the rights to the name.
Topics Yahoo
Diseases from mosquitos and ticks have tripled in the U.S., CDC finds
'Godzilla vs. Kong' draws early Twitter praise for epic monster battles
The racists marching in Tennessee don't matter, but the people standing against them do
Hulu's 'Everyone Is Doing Great' is a great pandemic binge: Interview
Best portable power station deal: Save 44% on the Jackery Explorer 100 v2
Rex Tillerson looked at a statue and just can't as secretary of state
Bill O'Reilly sues for $5 million over #MeToo Facebook post
Apple faces fine in Brazil for ditching chargers with iPhone 12
Sunday's Fat Bear Week match pits two fat favorites against each other
These are the best photo
'The Last of Us' Season 2, episode 3's opening credits has a heartbreaking change
The racists marching in Tennessee don't matter, but the people standing against them do
Newly released JFK files plagued by bad handwriting
Here's what Facebook's Messenger
NYT Connections hints and answers for May 2: Tips to solve 'Connections' #691.
Photos show the devastation of torrential rain and flooding on Australia's east coast
These are the best photo
Everything coming to Netflix in April 2021
Parental Controls: How to Lock Down Your Kids' iOS Devices
Barack Obama has reportedly been called for jury duty
Little maestro expertly commands the band in an Istanbul subwayYes, there's going to be a Ferrari Land and it's everything you imaginedIndigenous activists respond to flagCabin's 'moving hotel' bus returns with more spacious sleeping spaceTrump capping a pen with his tiny hands gets a huge Photoshop battleHere are some other things Trump's $15 billion wall budget could be spent onCabin's 'moving hotel' bus returns with more spacious sleeping spaceKyte brings the rental car to you—then the driver finds a way homeHacking firm Cellebrite's newest agreement is with ICEAdam Driver and Scarlett Johansson in 'Marriage Story': ReviewWe maxed out the new Apple Watch Series 5, and it costs a fortuneBritish women pen emotional letters to Theresa May before she meets TrumpRonda Rousey stands in solidarity with Standing Rock by delivering suppliesLyft adds 911 button more than a year after Uber appApple unveils iPhone 11 Pro and iPhone 11 Pro Max with triple camerasLast minute iPhone rumor: No reverse wireless chargingFather teaches his son the ABCs with a little help from trap musicApple unveils $699 iPhone 11 in two new colorsThis kitten took his love for peanut butter to a whole new levelSuper talented dad transforms his sons' drawings into beautiful artwork How to watch the Microsoft Build keynotes Today in whitewashing: White guy cast as Native Hawaiian hero in 'Ni'ihau' Even Edward Snowden thinks Trump firing James Comey was messed up The 'Avatar' sequels cast a key new character, so they must be real Stephen Colbert's 'Daily Show' reunion was just as glorious as we'd all hoped Snapchat's constant evolution shows it won't let itself be crushed by Facebook Microsoft CEO: It's our job to prevent '1984' from coming true 'American Idol' is officially coming back because time is a flat circle People are cutting up Ikea tote bags to make weird and wonderful creations Extremely lit sign language interpreter steals the show at Snoop Dogg's concert Who needs T Björk wants you to stop Instagramming and go to the forest Elon Musk: Pre Finally, someone combines a salt shaker, Bluetooth speaker and mood lighting Nothing can prepare you for the sick twist in this dunk video Microsoft Video Indexer can identify emotions of people in videos Amazon's Echo Show stands on the shoulders of these failed internet appliances Gorgeous digital Mother's Day cards honor immigrant and Muslim moms 'Irreplaceable' plant specimens destroyed by customs officials with no chill Senator ripped for not understanding the meaning of 'unclassified'
3.4749s , 8286.21875 kb
Copyright © 2025 Powered by 【eroticism ann voskamp make love】,Exquisite Information Network