Seeking Alpha

In spite of weeks of rumors about a Yahoo (YHOO) sale (I, II, III, IV), the company might remain...

In spite of weeks of rumors about a Yahoo (YHOO) sale (I, II, III, IV), the company might remain independent. Sources tell Bloomberg Yahoo is "leaning toward" merely selling its Asian assets, and distributing the proceeds to shareholders through a dividend or stock buyback. Jerry Yang's apparent interest in holding onto his company may be a factor. (yesterday)
Comments (3)
  • davidbdc
    , contributor
    Comments (3139) | Send Message
     
    Someone should remind him its no longer "his" company. When he decided to go public he lost the right to run it as his.

     

    He has cost shareholders 10's of billions of dollars and has no business sitting on the board or having any influence on its actions as a company.
    29 Oct 2011, 02:45 PM Reply Like
  • CJoyce316
    , contributor
    Comments (82) | Send Message
     
    they should keep the asian assets and sell the us ones, why depart with the quality ones
    29 Oct 2011, 05:59 PM Reply Like
  • golfitobob
    , contributor
    Comments (2348) | Send Message
     
    As long as Yang is alive YHOO is dead ! Idiot. The speculation an price rise went right to his head. Thank goodness I went to cash Friday an am onlty short.
    30 Oct 2011, 03:07 AM Reply Like
DJIA (DIA) S&P 500 (SPY)