real-time news and commentary for investors
Monday, Oct 15
2012, 2:03 PM
Yahoo (YHOO -0.8%) is slipping in the wake of SoftBank's (SFTBF.PK) deal to buy 70% of Sprint....
Yahoo (YHOO -0.8%) is slipping in the wake of SoftBank's (SFTBF.PK) deal to buy 70% of Sprint. There might be concerns SoftBank's $20.1B commitment lowers the odds it will repurchase Yahoo's 35% stake in Yahoo Japan anytime soon, though talks have apparently been on ice for some time regardless. Meanwhile, Yahoo's executive musical chairs continues: government relations head David Hantman and content exec Liz Coughlin have left, while Google corporate counsel James Loftus has been reeled in.