Re:Yahoo in Talks to Buy Foursquare
by a2kadet on Wednesday April 15, 2015 @06:16PM
(#9384591)
How does this kind of thing leak? When the last company I was at sold, most of us weren't even told for fear our acquirer would get cold feet if the terms leaked.
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Re:Yahoo in Talks to Buy Foursquare
by ddebernardy on Thursday April 16, 2015 @03:39AM
(#9386439)
It's part of the M&A playbook. One way to test whether a company is for sale or willing to buy you is to "leak" that you're currently in talks with your target acquisition or acquirer.
You get a response sooner or later, either in the form of a firm denial by the other party through the press, or in the form of someone picking up their phone (either from the target itself or from a potentially interested alternative).