Is Yahoo Going to Sell Instead of Spin Off?
Is Yahoo going to sell instead of spin off? “Just last month, Yahoo executives put forward a plan to spin off its main Internet business, the latest of several strategies they’ve proposed over the past year to deal with slowing revenue. Now, that idea may be abandoned in favor of a sale, people familiar with the matter said. The company may need a new plan in the face of an expected proxy fight by an activist investor, said the people, who asked not to identified because a final decision hasn’t been made.”