Yahoo core assets sale might see 35 percent surge: Barron’s

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New Delhi, Jan 19 (ANI): According to the latest edition of Barron’s, Yahoo Inc is under immense pressure to sell its core Internet business in Chinese e-commerce company Alibaba and Yahoo Japan Corp in order to see a surge in its stake sales.

The sale of its core business, and its stakes in Alibaba and Yahoo Japan, could see Yahoo’s stock price jump to USD 40 a share, an almost 35 percent gain from Friday’s close of USD 29.14.

Yahoo’s shares look appealing because the company’s estimated asset value is nearly USD 48 a share, Barron’s said. (ANI)

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