Yahoo! (YHOO) to Weigh Sale of Internet Business - WSJ
Get Alerts YHOO Hot Sheet
Join SI Premium – FREE
Yahoo! (NASDAQ: YHOO) is weighing the sale of its Internet business, the Wall Street Journal reported late Tuesday.
The Board is expected to met to discuss plans to proceed with the spin-off of its Alibaba (NYSE: BABA) stake, find a buyer for the Internet properties, or both.
Large investor Starboard has recently suggested the company look at the sale of its web properties.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Paramount stock surges on report Sony, Apollo are considering joint bid
- Azul (AZUL) Said in Talks With Gol (GOL) Shareholder for Stock-Based Deal - Bloomberg
- 23andMe (ME) stock jumps as CEO plans to take company private
Create E-mail Alert Related Categories
13Ds, Hedge Funds, Hot List, Hot M&A, Mergers and Acquisitions, Spinoffs, Trader TalkSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!