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Yahoo intends to declare itself or its main business for sale, according to sources of The Wall Street Journal. This can be set for discussion in a series of meetings of the board at the end of this week.

Reportedly, the options include sale of Internet business on Yahoo, the release of Alibaba’s shares or both. There are persistent concerns about the future of Yahoo, although the board has given several years during Marissa Mayer to run the company. However, the brightest asset remains Yahoo’s share in Alibaba, of which it owns 15 percent.

Yahoo plans to allocate shares it holds in Alibaba for quite some time, although the plan was delayed because of tax problems. If Yahoo would choose to sell its Internet business, what will remain will be a mere holding company of shares of Alibaba. Yahoo declined to comment on the topic.

https://i0.wp.com/gizbrain.com/wp-content/uploads/2015/12/yahoo.jpg?fit=640%2C419https://i0.wp.com/gizbrain.com/wp-content/uploads/2015/12/yahoo.jpg?fit=190%2C150Linda MorrisTECH NEWSYahooYahoo intends to declare itself or its main business for sale, according to sources of The Wall Street Journal. This can be set for discussion in a series of meetings of the board at the end of this week. Reportedly, the options include sale of Internet business on Yahoo, the...