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View Ray Dirks' Comments
All Eyes On Local: Monetizing The Multibillion-Dollar Online And Mobile Consumer Ad Market
Yahoo's new CEO did recently comment that they are looking to make small acquisitions.. But while YELP business might be interesting, she also said they were looking for companies with market caps under a billion, and YELP is very expensive and trading at a high multiple. I believe that Local would more in line with what they are looking for in both size and scalability as well as the IP portfolio.
Dec 20, 2012. 01:50 AM
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