Yahoo Hasn't Given Up On Trying To Sell Off Its Japanese Assets

carol bartz yahoo women woman ceo female

Yahoo has not stopped talks about selling off its Yahoo Japan stake, despite the earthquake, says David Faber of CNBC.

Yahoo’s stock has taken a beating this week, as investors assumed it would either have to stop talks or it would get a lower price for its stake.

Yahoo owns 35% of Yahoo Japan, which is worth around $7.5 billion.

However, it can’t just dump the stake because it would take a big tax hit. So it’s exploring a variety of options to get value from divesting itself.

Yahoo’s stock is up 2.5% as of this writing.

Don’t Miss: Carol Bartz Has A Year To “Shake Up” Yahoo, Or She Loses Her Job

NOW WATCH: Tech Insider videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at

Tagged In

japan sai-us yahoo!