Why did Yahoo (YHOO) decide to return most of the cash from its Alibaba sale to shareholders?...

|By:, SA News Editor

Why did Yahoo (YHOO) decide to return most of the cash from its Alibaba sale to shareholders? One explanation, Owen Thomas notes, is that Marissa Mayer & co. may have decided potential acquisitions such as Foursquare and Yelp (YELP) "were still too expensive and wouldn't move the needle on Yahoo's core business." He adds a source indicates negotiations for the sale of the company's Yahoo Japan stake, another potential source of funds, haven't gone anywhere. Yahoo should have over $3B in the bank post-Alibaba.