Windfall means ‘moment of reckoning’ for Yahoo CEO

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SAN FRANCISCO (AP) — Yahoo CEO Marissa Mayer faces a $10 billion decision in a few months.

The pivotal moment will come when the Chinese e-commerce leader Alibaba Group completes its initial public offering of stock — an enormous deal that triggers a provision requiring Yahoo to sell about 40 percent of its stake in the company. The sale is expected to generate a windfall that will intensify pressure on Mayer to revive Yahoo’s revenue growth after years of lethargy.

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