Yahoo's CFO says company is exploring sale of $1 billion-$3 billion in 'non-core assets' by on Mar 3, 2016, 2:42 PM Advertisement
 Yahoo Inc. is exploring the sale of $1 billion to $3 billion in patents, property and other "non-core assets," its chief financial officer said on Thursday. Yahoo CFO Ken Goldman told the crowd at the Morgan Stanley Technology, Media and Telecom Conference that a committee created to explore alternatives to the company's plan to spin off its core business is looking at quick sales of assets. Goldman said patents, land, property and "non-core units or businesses" are all on the table for potential sale, and the company has sold or licensed more than $600 million in patents over the last three years. SEE ALSO: Yahoo is ready to talk about a deal and is asking potential buyers to sign confidentiality documents |
0 comments:
Post a Comment