Home Investors cheer Yahoo shares rise as board meets and considers sale of Web business
 

Keywords :   


Investors cheer Yahoo shares rise as board meets and considers sale of Web business

2015-12-03 01:53:07| IT Services - Topix.net

Plans by Yahoo Inc's board to consider selling its struggling Internet business sent the company's shares up more than 5 percent on Wednesday, as investors cheered a potential new way to separate Yahoo's traditional services from its valuable investment in Chinese Web merchant Alibaba. Yahoo's board will weigh a sale of the Internet business at a three-day board meeting starting on Wednesday, a source familiar with the matter told Reuters on Tuesday.

Tags: web business board sale

Category:Information Technology

Latest from this category

All news

»
01.11Eastern North Pacific Tropical Weather Outlook
01.11Atlantic Tropical Weather Outlook
01.11How Japan's youngest CEO transformed Hello Kitty
31.10Unicharm to Expand in Africa
31.10Essity Named Diversity Leader by Financial Times
31.10Maxcess to Make FIFE Guiding Products in Mumbai
31.10Renee Starr Joins Hospeco
31.10RRD expands emissions reduction efforts
More »