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Yahoo to begin approaching buyers this week

According to multiple reports, Yahoo will begin approaching potential buyers as early this week in an effort to sell off its core businesses.

There are a few companies supposedly interested, including Verizon, Comcast and AT&T, but there is a better chance of Yahoo selling to a private equity firm like Bain, KKR or TPG, say the sources.



CEO Marissa Mayer was hired to turnaround the company but so far all her acquisitions and efforts have fallen flat to the point where the company's stock shares are almost worthless after you take away their $25 billion stake in Alibaba.

Source:
BBG

Written by: Andre Yoskowitz @ 21 Feb 2016 21:41

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• 6 comments

• Bozobub

  Quote: Yahoo to being approaching buyers this week
  Ouch! Someone smack an editor, so they can turn around and smack the writer... >.<'
  
  I'm not usually overly picky about such things, as long as the message comes across clearly enough, but that headline is a real clunker.

  22.2.2016 12:14 #1

• DarthMopar

  Originally posted by Bozobub: Quote: Yahoo to being approaching buyers this week
  Ouch! Someone smack an editor, so they can turn around and smack the writer... >.<'
  
  I'm not usually overly picky about such things, as long as the message comes across clearly enough, but that headline is a real clunker. Andre is usually one of the most proficient writers on AD.. I can give him a pass on this one snafu.
  

  22.2.2016 19:43 #2

• Bozobub

  Oh, sure, it's no big deal. But ya gotta admit, that's quite a stinker of a sentence xD .

  23.2.2016 00:32 #3

• xnonsuchx

  "Yahoo! is for sale. Don't believe me??? Google it!" -- Stephen Colbert

  23.2.2016 08:02 #4

• hearme0

  It's sad really. Yahoo! spearheaded much of the internet as it is today.
  
  They used to be my search engine of choice but that was few years ago. Now it's riddled with ADs, fluff and nonsense.
  
  If Yahoo! shut its doors........I don't think many would miss it except those with emails.
  
  I see it staying open as an email provider only.
  
  
  
  R.I.P. Yahoo!

  23.2.2016 16:47 #5

• DVDBack23

  Originally posted by Bozobub: Quote: Yahoo to being approaching buyers this week
  Ouch! Someone smack an editor, so they can turn around and smack the writer... >.<'
  
  I'm not usually overly picky about such things, as long as the message comes across clearly enough, but that headline is a real clunker. Oof. I smacked myself for that one.
  

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  23.2.2016 20:39 #6