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Comment by joeblubaugh | Hacker News Reader

Savvy PR move doing this on the same day the Uber report drops and Jeff Sessions testifies in the Senate

Lol. I work at aol. This has been 'the day' for months and months. You don't schedule multi-billion dollar mergers around the news cycle. Tomorrow is supposedly when everyone is supposed to start finding out if they have a job in the new company and for how long.

Lol. I was part of the core deal team. We did NOT know this would be the day for months and months.

But of course, that does not detract from your sentiment being 100% accurate. No one planned the timing of the consummation of the deal around random contemporaneous news events.

Well it was at least 'weeks and weeks' because I heard about this a few weeks ago and I'm a nobody :)

Did you hear a few weeks ago that this would be announced on exactly Tuesday June 13th? Or just "soon"?

Shareholder vote + 2-3 working days has been the internal messaging for a while. The shareholder vote was scheduled months ago

Here's a news article reporting on the date back in April: http://variety.com/2017/digital/news/marissa-mayer-yahoo-ver...

This was certainly not news on the aol side internally at least... Yahoo publicly disclosed in their SEC filings, so it wasn't even a leak or the rumour mill

In fairness, by these standards, there hasn't been a day in months that wouldn't qualify as a 'good day to deliver bad news.'

Why ?

It's a way of hiding/burying information. The info is legally required to be disclosed, but with so much else going on the news is unlikely to be widely covered.

This wouldn't have been widely covered regardless.

Nobody cares about Yahoo! anymore except in niche tech circles. That's why you're reading this on techcrunch.

A lot less oxygen to write one more "decline and fall of Yahoo" story or "what went wrong for Marissa Mayer" story.

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