Share

Yahoo! for sale: the auction starts among the potential buyers of the core assets

Contacts with potential buyers for the sale of core assets will begin on Monday – giants such as Verizon, Comcast and At&T are interested and could present their offers within a month.

Yahoo! for sale: the auction starts among the potential buyers of the core assets

Yahoo! it is ready to get rid of its core activities. The company has already made initial contacts with potential buyers interested in the sale. Prominent names of the caliber of Verizon, Comcast and At&T, companies in the Tlc sector, but also private equity companies, such as Bain Capital Partners, KKR and Tpg.

The news was reported by Bloomberg citing some sources according to which talks will begin on Monday and potential offers could arrive within a month.

Yahoo! hired financial advisors (including Goldman Sachs and JPMorgan) and communicated its strategic options to the independent members of the board of directors.

Recall that last week, CEO Marissa Meyer had an about-face on another key element for the future of Yahoo!. The company is reportedly considering the possibility of spinning off the shares held by the Chinese giant Alibaba, in all the 15% which is worth almost 40 billion dollars.

comments