SECOND THOUGHTS: Newly hired Yahoo CEO Marissa Mayer is mulling whether it makes sense for the company to follow through on its promise to pay shareholders billions of dollars from an anticipated windfall later this year.
THE JACKPOT: Yahoo Inc. is selling half its stake in Chinese Internet company Alibaba Group in a deal expected to generate after-tax proceeds of $4.2 billon. The company had pledged to distribute most of that money to shareholders.
Recommended Stories
Print subscriber? Click here to login/register your account
Digital subscriber? Click here to login/register your account.