Yahoo's $30 Million May Be 'Underpay' for Summly's D'Aloisio

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May 7 (Bloomberg) -- Gregory Gale, partner at Squire Sanders LLP, talks with Bloomberg Law's Spencer Mazyck about his representation of 17-year-old British programming whiz Nick D'Aloisio in the recent sale of his mobile startup Summly to Yahoo! Inc. for a reported $30 million.

Gale, in this "Rainmakers" episode, also explains why the biggest U.S. Web portal's purchase price may be an "underpay" for the teenage entrepreneur and discusses See more +

May 7 (Bloomberg) -- Gregory Gale, partner at Squire Sanders LLP, talks with Bloomberg Law's Spencer Mazyck about his representation of 17-year-old British programming whiz Nick D'Aloisio in the recent sale of his mobile startup Summly to Yahoo! Inc. for a reported $30 million.

Gale, in this "Rainmakers" episode, also explains why the biggest U.S. Web portal's purchase price may be an "underpay" for the teenage entrepreneur and discusses the reasons for increased overseas M&A activity by Silicon Valley companies.

(Source: Bloomberg) See less -

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Topics:  Entrepreneurs, Programming, Purchase Price, Startups, Yahoo!

Published In: Mergers & Acquisitions Updates

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