Canada Pension Plan Investment Board Considers Bid For Yahoo

BY: 

Dave Forde
October 24, 2011

Since making a nice profit off its investment in VOIP service Skype, Canada Pension Plan Investment Board (CIPP) is now said to be considering being part of a group that is considering a takeover bid for Yahoo as the company continues to go through its struggles.  One of members of the group is  Silver Lake Management LLC, a U.S. private-equity firm that CIPP has partnered with before.  Yahoo management publicly said its is up for sale since the firing of Former-CEO Carol Bartz back in September of this year, and we have seen all types of rumours of possible companies interested in the assets of Yahoo.

Over all it looks like Yahoo’s days on their own are done, and something drastic needs, aside from a much needed management refresh.

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Dave Forde


Dave “The Connector” Forde has been involved in the marketing, public relations and technology industry across Canada for over 20 years in various sales and marketing roles, he launched The Connected One network of business sites which connects buyers to the right sellers. Profectio and PR In Canada covers news about the marketing and public relations industry each day helping professionals advance their career and businesses. He also serves as an advisor to a number of businesses across the country. Find Dave on LinkedIn and Twitter.


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