The giant Yahoo! in crisis seeking buyers, Verizon and AT & T in the list – TGCOM

 
 
 
 

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Video Tgcom24 – Economy

February 22, 2016

the potential offers could arrive within a month. The group, industry pioneer, now seems unable to keep up with the times and to counter the fierce competition from rivals such as Google

16:39 – Yahoo! has started Contacts with potential buyers of its core activities (ie the main activities of a company). Among the eligible candidates are Verizon, Comcast and AT & T, but also private equity firms such as Bain Capital Partners, KKR and TPG. This was reported by the Bloomberg agency, according to which the potential offers could get in a month. After the last quarter ended in red , Yahoo! cut 15% of jobs.

last week the CEO, Marissa Mayer, had backtracked on another key element for the future of Yahoo !. In fact, the group is considering the possibility of breaking up shares he holds Alibaba, around the 15% that is worth almost $ 40 billion.

The Mayer is struggling with the profound crisis of what was once a giant web. A pioneer in the industry group that now seems unable to keep up with the times and to counter the fierce competition from rivals such as Google.

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Marissa Mayer

 
 
 
 
 
 
 
 
 
 

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