Seeking Alpha

While Yahoo (YHOO -1.6%) continues shopping itself, sources tell FT the company is also looking...

While Yahoo (YHOO -1.6%) continues shopping itself, sources tell FT the company is also looking to shed its 35% stake in Yahoo Japan, which has a current market value of about $6.7B. With tax issues making a share spinoff to investors unlikely, Yahoo is exploring a deal that would effectively result in Softbank (SFTBY.PK) buying the stake. (more)
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)