Form DEFA14A YAHOO INC
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Verizon's (VZ) Move to Acquire Yahoo! (YHOO) Reaffirms Commitment to Digital Strategy - Cowen
July 25, 2016 2:02 PM EDTCowen and Company offered a bit of commentary on today's deal between Yahoo! (Nasdaq: YHOO) and Verizon (NYSE: VZ).
Analyst Colby Synesael said, First Blush Financials/Synergies Using Cowens (John Blackledge) estimates, Verizon will be acquiring a ~$5.1B revenue business (~$3.5B excluding TAC), consisting of ~50% search (paid clicks based on word search), ~40% display (such as local/banner ads sold), and a remaining other segment including small... More
