Press Releases
breakingviews wins journalism award for Yahoo/Microsoft M&A coverage
24 Nov 2008
breakingviews.com won third prize in this year's M&A International Media Awards in the category "trade print and electronic media - all languages" for the article "Yahoo ripe for a shake-up", published on January 17 2008. The article was jointly written by Jeff Segal, West Coast correspondent, and Rob Cox, US Editor.
The piece ticked through the troubled Internet company’s “many ingredients that make it a tantalizing target for uppity investors: a discredited management team and a corporate strategy in need of a makeover, share price underperformance, a large free float with no controlling shareholder, cash on the balance sheet, and many moving parts whose values do not appear to be adequately reflected in the Yahoo share price.” Two weeks later, Microsoft launched a hostile bid for the company, which Yahoo repelled, paving the way for activist shareholder Carl Icahn to wage a successful proxy fight.
The story can be found in the breakingviews.com archive at:
http://www.breakingviews.com/2008/01/11/Yahoo.aspx The M&A International Media Awards are the first and only international media awards for journalists who have contributed in an outstanding way to the reporting and analysis of the global mergers and acquisitions market. This annual award was established to both recognize and encourage independent, professional journalism around the world in all languages. The M&A International Media Awards cover both international and local M&A. This year’s prizes were conferred at a ceremony in Milan last week.
Created in 1999, breakingviews.com provides members of the global financial elite with valuable insights in real time. It also has partnerships with media groups including The New York Times, International Herald Tribune, Daily Telegraph, Fortune magazine, The Business Times of Singapore, Germany’s Handelsblatt, France's Le Monde, Holland’s NRC Handelsblad, Spain's El Pais, Italy’s La Stampa, India’s Mint and The National in the UAE, reaching four million readers daily.
Breakingviews.com delivers independent financial commentary throughout the business day to more than 15,000 professionals among the world's top investment banks, hedge funds, institutional investors, corporations, sovereign wealth funds, law firms and public relations advisors.
For further information, please contact:
Rob Cox US Editor
breakingviews.com
rob.cox@breakingviews.comOffice: +1 646 467 5532
Mobile: +1 203 482 1416