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Verizon Sale Leaves Yahoo Investors Betting On A Stub


Ron Burgundy
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A combination photo of Yahoo logo in Rolle Switzerland and a Verizon sign in San Diego CaliforniaYahoo Inc shareholders may be left betting on how quickly, if at all, the former web pioneer can cash in on its multi-billion dollar stakes in two Asian peers after Monday's deal to sell its core internet assets to Verizon Communications Inc. Most of Yahoo's $36.4 billion market value is derived from its 15 percent stake in Chinese online commerce company Alibaba Group Holdings Ltd and its 35.5 percent stake in joint venture Yahoo Japan Corp. These are not included in Yahoo's deal with Verizon. Investors will be hoping for a quick sale of these stakes, but Yahoo has been looking for years without success for a way to make money from the investments without incurring a huge tax bill. Yahoo declined to comment on potential scenarios on Monday.




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