Mergers and Acquisitions Review: Yahoo Might Go HUNTING, MIPS Might SELL Itself

Yahoo! (NASDAQ:YHOO) shares fall way off, following its 10-Q surprise, which suggests that Chief Executive Marissa Mayer would rather spend Alibaba proceeds to purchase companies instead of Yahoo shares. Nicholas Carlson believe that such a decision was a necessity, as the company has troubles from rivals, and also a talent deficit. The analyst thinks that the highly valued Yelp (NYSE:YELP), which Meyer wanted Google (NASDAQ:GOOG) to acquire during her tenure there, and also Pinterest, Quora, and Vimeo could be on Yahoo’s shopping list. Meanwhile, Bank of America downgraded the latter to Hold.

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Shares of the chip IP company MIPS Tevchnologies, Inc. (NASDAQ:MIPS) move up, subsequent to the cancellation of its plans to present at an upcoming conference, which ignited a new round of buyout chatter. AMD could be a potential suitor, but that isn’t so likely now, due to Advanced Micro Devices, Inc. (NYSE:AMD)’s selloff. In the meantime, MIPS is said to have recruited Goldman to help it facilitate a sale.

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