| ||Thread Tools|
|6th March 2016, 12:18||#1|
Join Date: May 2010
Yahoo thinking of flogging the family silver
Troubled search outfit Yahoo is exploring the sale of $1 billion to $3 billion of patents, property and other “non-core assets”.
Yahoo chief financial officer Ken Goldman told the Morgan Stanley Technology, Media and Telecom Conference that a committee created to explore alternatives to the company’s plan to spin off its core business is looking at quick sales of assets.
Goldman said patents, land, property and “non-core units or businesses” are all on the table for potential sale, and the company has sold or licensed more than $600 million in patents over the last three years.
Yahoo faces increasing pressure from shareholders and investors to sell its core business instead of going through a spinoff that would separate the company from its multibillion-dollar stakes in Yahoo Japan and Alibaba Group Holding.
Time, Verizon Communications and several other suitors have emerged as potential buyers.
Goldman did not confirm the reports but said the committee is “aligned to see what best creates shareholder value.”
|Thread||Thread Starter||Forum||Replies||Last Post|
|Verizon thinking of buying Yahoo||Stefan Mileschin||WebNews||0||10th February 2016 09:35|
|Even San Francisco is thinking about cracking down on Uber||Stefan Mileschin||WebNews||0||29th September 2014 11:54|
|Samsung is thinking of making round smartwatches, too||Stefan Mileschin||WebNews||0||31st July 2014 08:14|
|Xbox One - Just what is Microsoft thinking?!||Stefan Mileschin||WebNews||0||23rd May 2013 07:40|
|Lian Li's PC-A05FN: Alternative Thinking at a $99 Price Point||Stefan Mileschin||WebNews||0||8th December 2011 08:18|
|What game developers are thinking: DX10.1 is 'trivial'||jmke||WebNews||1||13th August 2007 14:36|
|Intel Corp. Started “Thinking” of Quad-Core Chips for Notebooks||jmke||WebNews||0||24th October 2005 00:27|
|External Audio Roundup: Thinking Outside the Box||jmke||WebNews||0||24th September 2004 09:28|
|thinking of selling all my WC stuff||TeuS||General Madness - System Building Advice||2||27th April 2004 22:04|