Yahoo considers sale of Asian assets

Amidst on-and-off speculation about the US company sale, Yahoo has started to explore options about selling Asian assets and redistributing the proceeds to shareholders via a special dividend or buyback shares.

Analysts comment that the sale of Yahoo’s Asian assets is a logical move with plenty of reason behind it. First it would make Yahoo a more sellable and desired company since there are very few companies, which could finance the acquisition of Yahoo’s entire holdings. Second, the sale of the Asian assets would provide some guidance as to the real value of the company. Yet one thing casts a shadow over Yahoo and the alleged sale – the lack of CEO will make it more difficult to negotiate the best deal and price for the Asian branch.

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Source: Technewsworld