Tag Archives: yhoo

Will Yahoo Board Cut Bait, Stop Spinoff, Sell Core?

Yahoo (YHOO) stock soared Wednesday on reports the company’s board is weighing whether to put the company up for sale, among other possibly drastic moves. The Wall Street Journal first reported that directors might reconsider whether to spin off Yahoo’s 15% stake in China e-commerce giant Alibaba Group (BABA) — the main value engine for struggling Yahoo. Directors also might opt to put the core search business up for sale, or sell other parts of

How Yahoo could be a good fit for Comcast or Verizon

If Yahoo’s (YHOO) core Internet business goes up for sale, Comcast (CMCSA) and Verizon Communications (VZ) loom as potential buyers. Despite its struggling ad business, Yahoo’s large user base makes the Internet giant attractive to telecom companies, analysts say. And the fact that many users have Yahoo email addresses makes it likely they’ll stick around, even if the company is sold. Cable TV firm Comcast has a strong balance sheet, even after

Yahoo Board Will Mull Sale Of Core Yahoo Business: WSJ

The Yahoo (YHOO) board of directors will beginning meetings Wednesday where they’ll discuss a possible sale of the ailing Internet giant’s core Internet businesses, or whether to go ahead with a planned Alibaba (BABA) spinoff into a separately traded company — or both — the Wall Street Journal reported, citing sources. Yahoo CEO Marissa Mayer has struggled to revive growth, and there’s growing concern that her efforts and expensive acquisitions