The Internet pioneer said on Tuesday that it was open to offers for its core assets, which would represent the end of Yahoo as an independent entity. That is a shift from the company’s position as recently as December. Yahoo is also proceeding with plans to spin out those core assets. That would leave its most valuable property, its holdings in the Chinese e-commerce giant Alibaba, in the original company. Investors like that idea.
Source: Marissa Mayer Sets Yahoo on Streamlined Course – The New York Times