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As Yahoo (YHOO +5.4%) rallies on a report it's nearing a sale of half it's Alibaba (ALBCF.PK)...
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Friday, May 18, 2012, 12:56 PM ETAs Yahoo (YHOO +5.4%) rallies on a report it's nearing a sale of half it's Alibaba (ALBCF.PK) stake for ~$7B, interim CEO (for now, anyway) Ross Levinsohn is putting his mark on the company. In a memo, Levinsohn discloses global media & commerce chief Sam Shrauger, just recently hired by Scott Thompson from PayPal, has been replaced with Americas media chief Mickie Rosen. Also, e-commerce exec Mollie Spillman is replacing Carol Bartz appointee Penny Baldwin as CMO.
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