As Yahoo Seeks To Raise $1B In Cash, Rumor Suggests Sale Of Search Assets

by Greg Sterling
Following a mixed financial performance in Q4 2015, Yahoo CEO Marissa Mayer announced that the company would “explore divesting nonstrategic assets of value.” She said that such asset sales “could generate significant cash in excess of $1 billion.” Earlier today Yahoo CFO Ken Goldman told a Morgan Stanley Technology conference that the company was going to sell “$1 billion t ...Read the full article