8 years ago
Yahoo to Reconsider Sale of Web Business Instead of Spinoff
Yahoo! Inc. is considering an outright sale of its business, marking what could hasten a significant shift in the company’s thinking as it faces pressure from activist shareholders. Just last month, Yahoo executives put forward a plan to spin off its main Internet business, the latest of several strategies they’ve proposed over the past year to deal with slowing revenue. Now, that idea may be abandoned in favor of a sale, people familiar with the matter said.
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