Bernstein Calls For Yahoo! (YHOO) Break-Up

Posted: October 5, 2007 at 6:15 am

Sanford C. Bernstein & Co. analysts want Yahoo! (YHOO) management to break-up the company, and believe that such a move would create a $39 price for shareholders. The stock now trades just above $27.

According to Bloomberg, Bernstein added that "selling Yahoo! to a buyer that will cut jobs and revamp the advertising and search businesses may lift company shares to $45."

Of course, Yahoo! could cut those jobs itself.

Douglas A. McIntyre

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