{"id":12027,"date":"2012-01-19T00:01:49","date_gmt":"2012-01-19T00:01:49","guid":{"rendered":""},"modified":"2012-01-19T00:01:49","modified_gmt":"2012-01-19T00:01:49","slug":"Yahoo-up-as-analysts-see-deal-with-Yang-exit","status":"publish","type":"post","link":"https:\/\/asiancemagazine.com\/?p=12027","title":{"rendered":"Yahoo up as analysts see deal with Yang exit"},"content":{"rendered":"

Shares of Yahoo rose as several Wall Street analysts speculated that co=\\-Founder jerry Yang’s exit signals the eventual sale of parts of or the entire company.<\/strong><\/p>\n

But the move also raised questions about Yahoo\u2019s long-term plan, with one analyst arguing that Yang\u2019s departure also suggests that its board is \u201cfavoring a turnaround\u201d instead of selling the whole company.<\/strong><\/p>\n

The move came as the Yahoo board is believed to be exploring the possible sale of the beleaguered Internet giant, or at least its ownership stakes in Alibaba Group and Yahoo Japan, which currently represent a large chunk of the company\u2019s market value.<\/strong> <\/p>\n

\u201cWith Yang gone, it is more likely that Yahoo will sell off the Asian assets or sell itself completely,\u201d Needham analyst Laura Martin said in a note. \u201cEither of these choices are good for public shareholders.\u201d <\/p>\n

Last year, Yahoo stunned investors by disclosing that Alibaba had transferred ownership of Alipay, its online payment business to an entity controlled by Alibaba CEO Jack Ma.<\/strong> A deal later signed by the two companies to settle the dispute was deemed by some analysts to be unfair to Yahoo. <\/p>\n

And Yang\u2019s departure also offers \u201cmore evidence\u201d that the Yahoo directors are \u201cleaning towards turnaround.\u201d <\/p>\n

Would you buy or sell Yahoo?<\/strong><\/p>\n

Source<\/a>
\n<\/p>\n","protected":false},"excerpt":{"rendered":"

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