Correction: I was supposed to say sold for 10% of what Microsoft offered not 1%.
Yahoo! was once one of the most valuable companies on earth, recently they’ve crashed and burned. The big question is what happened?
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Sources:
http://www.bbc.com/news/technology-35243407
https://en.wikipedia.org/wiki/List_of_mergers_and_acquisitions_by_Yahoo!
http://www.businessinsider.com/one-chart-that-explains-the-rise-and-fall-of-yahoo-2016-8?IR=T
http://www.investopedia.com/terms/i/investmentvehicle.asp
http://www.businessinsider.com.au/facebook-is-selling-just-4-of-the-company-for-2x-as-much-as-yahoo-could-have-paid-to-buy-the-whole-thing-2011-1?r=US&IR=T#in-june-2004-an-unnamed-financier-offered-10-million-1
https://en.wikipedia.org/wiki/Yahoo!
https://en.wikipedia.org/wiki/Verizon_Communications
http://www.inc.com/geoffrey-james/top-10-management-mistakes-marissa-mayer-made.html
https://www.bloomberg.com/features/2016-marissa-mayer-interview-issue/
https://www.theguardian.com/technology/us-money-blog/2016/jul/28/yahoo-marissa-mayer-female-ceo-women
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