Tuesday, 12 April 2016

Yahoo is for sale; bidders line up; Marissa Mayer is toast

Yahoo is for sale; bidders line up; Marissa Mayer is toast

Yahoo is for sale, and bidders are lining up to grab their own, ever-shrinking piece of Internet history. The once-great Internet pioneer is entertaining offers...reluctantly. CEO Marissa Mayer would like to see Yahoo through its struggles, but impatient investors are looking for a way to cash out. Yahoo (YHOO, Tech30) has reportedly given interested parties until April 18 to make their offers. The company is expected to fetch something like $8 billion for its core Internet business.
Read more: http://snapzu.com/yuriburi/yahoo-is-for-sale-bidders-line-up-marissa-mayer-is-toast

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