SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Altaba Inc. (formerly Yahoo)
AABA 19.630.0%Nov 6 4:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Bill Harmond who wrote (3159)11/23/1997 7:38:00 PM
From: santhosh mohan  Read Replies (1) of 27307
 
I think Shankar's point is that Softbank may have to divest at least partially to shore up its finances and/or fend off bank loan non-renewals. Are you aware of any stipulation that Yahoo be given first right to buy back shares held by Softbank. I doubt if any venture capitalist would agree to a ceiling on the price they can obtain for their investment. Nobody is suggesting that several million shares held by Softbank will hit the market at one time. But a Form 144s with intention to sell is not out of the realm of possibility!
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext