
With Yahoo’s! core business currently being valued at less than zero, its board is expected to meet and debate about the future of the company ? including a possible sale.
It has also been suggested that concerns around CEO Marissa Mayer?s lack of progress turning around Yahoo! has increased pressure on the board to consider her future as well. At the forefront of the expected meeting lies the discussion of whether Yahoo! would spin-off its investment in Alibaba, currently worth more than $30bn. Mayer has been facing increasing pressure from investors to liquidate the company?s Asian assets and return the proceeds to shareholders. The company said: “Yahoo! believes this transaction will achieve the most advantageous return of capital to shareholders with the absolute highest probability of success.” Read more about Yahoo!:- The five most disastrous examples of founders trying their hand at being CEO
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