8 years ago
1
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.
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http://money.cnn.com
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I like how being sent home with either $12.5 or $37 million dollars is "being toast" :/