Friday December 6, 2019

Yahoo's board to discuss sale of its internet business

The board will also discuss whether to stick to its plan to spin off the company’s stake in Alibaba

2nd December, 2015
Yahoo chief executive Marissa Mayer

Yahoo’s board will consider a potential sale of the company’s main internet businesses in a series of meetings starting on Wednesday, the Wall Street Journal reported, citing people familiar with the matter.

The board will discuss whether to stick to its plan to spin off the company’s stake in Alibaba, to find a buyer for Yahoo’s web businesses, or both, the paper reported, without naming the people. Representatives for California-based Yahoo...

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