News: Page (1) of 1 - 02/14/12 Email this story to a friend. email article Print this page (Article printing at MyDmn.com).print page facebook

AP: Yahoo's talks to sell Asian assets fall apart

Source says Yahoo's talks to sell stakes in Alibaba, Yahoo Japan break down, deal in limbo By The Associated Press

AP Technology Writer (AP) ' Yahoo's negotiations to sell most of its Asian holdings have abruptly broken down in a disagreement over the sales price and the best way to get the complex deal done.

A person familiar with the matter confirmed the impasse Tuesday. The person spoke on condition of anonymity because Yahoo's efforts to sell its stakes in China's Alibaba Group and Yahoo Japan are confidential.

All Things D, a technology blog affiliated with The Wall Street Journal, reported earlier that the talks had collapsed. It's the latest twist in the drama that has been swirling around Yahoo Inc. since the troubled Internet company fired Carol Bartz as CEO five months ago.



Since the start of the year, Yahoo has hired Scott Thompson as CEO and announced the departures of five board members.


Page: 1


Related Keywords:Yahoo-Asian Holdings,Technology

[ServletException in:/common/ads/links.jsp] Unable to load class for JSP'

Our Privacy Policy --- @ Copyright, 2015 Digital Media Online, All Rights Reserved