Yahoo is moving full speed ahead in every direction.
The Internet pioneer said on Tuesday that it was open to offers for its core assets, which would represent the end of Yahoo as an independent entity.
That is a shift from the company’s position as recently as December.
Yahoo is also proceeding with plans to spin out those core assets.
That would leave its most valuable property, its holdings in the Chinese e-commerce giant Alibaba, in the original company.
Investors like that idea.
But what Yahoo is really focusing on is revitalizing itself under the guidance of Marissa Mayer, who has been chief executive since the summer of 2012.
“What I am trying to do is reassure people,” Ms. Mayer said in an interview.
“You could classify it as a call for patience.
I am asking shareholders to understand this is a complicated situation.”
The Internet pioneer said on Tuesday that it was open to offers for its core assets, which would represent the end of Yahoo as an independent entity.
That is a shift from the company’s position as recently as December.
Yahoo is also proceeding with plans to spin out those core assets.
That would leave its most valuable property, its holdings in the Chinese e-commerce giant Alibaba, in the original company.
Investors like that idea.
But what Yahoo is really focusing on is revitalizing itself under the guidance of Marissa Mayer, who has been chief executive since the summer of 2012.
“What I am trying to do is reassure people,” Ms. Mayer said in an interview.
“You could classify it as a call for patience.
I am asking shareholders to understand this is a complicated situation.”
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