In Reuters: Yahoo exploring sale of $1 billion-$3 billion in 'non-core assets': CFO
Yahoo hopes to obtain $1-3 billion in a sale of its patents, property and other "non-core assets" rather than spin off its core business. The core businesses have suffered steady decline from competition with Facebook and Google. It is looking at quick sales. Not sure this alone will help turn things around, but Yahoo has had success with patent sales in the past. According to Yahoo CFO Ken Goldman, Yahoo has sold or licensed more than $600 million in patents over the last three years.
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