5 Jun, 2014
Yahoo! acquires Broadcast.com
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Aidan Kelly
Aidan Kelly2014-06-05 20:35:462014-06-05 20:35:46Yahoo! acquires Broadcast.comYahoo acquires Broadcast.com for $5.7 billion in stock and renames it Yahoo! Broadcast Solutions.
After we sold Broadcast.com, I hedged my stock with synthetic indexes, in case the market cratered in the six months before I could hedge my actual Yahoo shares. It cost me $20 million, but I protected what I had. Todd Wagner and I had a credo: “Pigs get fat; hogs get slaughtered.
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