Article 15XK2 Yahoo exploring sale of billions in 'non-core assets', says CFO

Yahoo exploring sale of billions in 'non-core assets', says CFO

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from Technology | The Guardian on (#15XK2)
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Facing increasing pressure from shareholders, the embattled tech company may try to sell patents, property or other assets, says CFO Ken Goldman

Yahoo is exploring the sale of $1bn to $3bn of patents, property and other "non-core assets", its chief financial officer said on Thursday.

Related: Yahoo cutting workforce by 15% after announcing $4.4bn loss

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