Possibilities for Yahoo!'s Forthcoming Cash Pile
There's been a lot of discussion about Yahoo!'s (YHOO) 8-K form with the SEC, which was released late last week. The filing said that the company was reserving its right not to return cash to shareholders from its Alibaba stake sale, which is scheduled to close by November.
That immediately sparked a line of articles speculating on what companies -- public and private -- new CEO Marissa Mayer is considering buying. There was another stream of articles discussing how this filing signaled that Mayer was clearly in charge now, and that top shareholder Dan Loeb was going to have to sit back and take it....452 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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