Is this the end for Yahoo?
Yahoo investors changed their minds again last night, instead of selling its large stake in Alibaba & Yahoo Japan which would give them a massive tax bill, Marissa Mayer has been told to sell Yahoo itself. That would mean the Yahoo stakeholders would own an empty shell for the stock of two companies that they already have access directly through the public markets, plus $5.5 billion in cash.
Is a buyer going to snap it up cheap, is there going to be more layoffs, and is Yahoo dead?
Time will tell.