昔日风光如今窘迫 雅虎或将抛售互联网业务

晓燕 2015-12-09 14:06 来源:【原创】
本文共1994字  |  预计阅读: 7分钟
汇通财经讯——CNBC和纽约时报报道,雅虎将不推进剥离其阿里巴巴的股份的计划。相反,公司将权衡是否剥离或出售其核心互联网业务。
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CNBC和纽约时报报道,雅虎将不推进剥离其阿里巴巴的股份的计划。相反,公司将权衡是否剥离或出售其核心互联网业务。

这些援引匿名消息的报道使雅虎股价在周二(12月8日)盘后交易上涨 2.6%。

此举代表雅虎一项主要策略的大转变。几个月来,雅虎一直准备在一项复杂的改革中剥离其在阿里巴巴15%的股份,预期该项改革会在明年1月完成。

但投资者已越来越担心,该项交易可能无法达成雅虎希望的免税待遇,并可能导致数十亿美元的纳税金额。

雅虎最近受到维权投资者Starboard Value的严厉批评。后者曾公开呼吁雅虎放弃阿里巴巴的剥离计划转而出售核心业务。

上星期雅虎董事会年终会议期间,董事们权衡了各种选择。

在首席执行官迈耶尔(Marissa Mayer)的带领下,雅虎3年多来一直在试图重振其互联网业务。迈耶尔曾是谷歌的第一批员工。但是雅虎的收入依然停滞不前,而公司也未能成功开发受欢迎的新服务或移动应用程序。

雅虎还遭受一连串高管离职以及批评公司缺乏有效策略的打击。

但是雅虎的在线资源,包括其金融和体育网站,以及电子邮件服务,仍是美国访问量最大的网站之一。

电讯公司Verizon的首席执行官洛麦克亚当(Lowell McAdam)在周二(12月8日)表示,如果雅虎被拍卖,Verizon 会考虑购买雅虎全部或部分的股权。

CNBC的电台主持人法伯尔(David Faber)表示,在剥离其核心互联网业务时,雅虎也可能寻求将其与日本软银合作的合资企业的股份,以及资产负债表上超过50亿美元的现金考虑在内。法伯尔表示,雅虎还没有作出剥离核心业务的决定,但其董事会已决定探索是什么实际导致了雅虎的衰退。

纽约时报报道,周三(12月9日)将公布雅虎计划的变化情况,而雅虎的核心资产价值依然是公开的问题。目前华尔街认为雅虎的核心业务一文不值。雅虎整个公司的市场价值都在于其持有的阿里巴巴股份以及与日本软银合作的合资企业。但分析师称,雅虎的核心互联网业务价值可能在20亿美元到60亿美元之间。










Yahoo will not move forward with its plans to spin off its stake in Chinese e-commerce giant Alibaba and will instead weigh whether to spin out or sell its core internet business, according to CNBC and the New York Times.

The reports, citing anonymous sources, sent Yahoo shares up as much as 2.6% in after-hours trading on Tuesday.

The move represents a major about-face for Yahoo, which has been preparing for months to spin off its 15% stake in Alibaba in a complicated transaction that was expected to close in January.

But investors have become increasingly worried that the transaction might not receive the tax-free treatment that Yahoo hoped for, and could result in a hefty multibillion-dollar tax bill.

Yahoo has recently come under fire from activist shareholder Starboard Value, which had publicly called for it to abandon the Alibaba spinoff and to sell the core business instead.

During the Yahoo board of directors' end-of-year meetings last week, the directors weighed the various options.

Yahoo has been trying to revitalize its internet business for more than three years under the leadership of CEO Marissa Mayer, who was one of Google's first employees. But the company's revenue remains stagnant, and the company has failed to develop popular new services or mobile applications.

Yahoo has also been plagued by a string of executive departures and criticisms that the company lacks an effective strategy.

Still, the company's collection of online properties, including its finance and sports websites and its email service, are among the most visited websites in the US.

Verizon CEO Lowell McAdam, speaking at the Business Insider IGNITION conference earlier on Tuesday, said that the telecommunications company would consider buying all or parts of Yahoo if it were to be put on the auction block.

CNBC's David Faber said on the air that Yahoo would also likely seek to include its stake in Yahoo Japan, a joint venture with Softbank, as well as the more than $5 billion in cash on Yahoo's balance sheet, in a spinoff of its core internet properties. Faber said a decision to spin off the core business has not been made yet, but that the board has decided to explore what would in effect be a reverse spin of Yahoo's business.

An announcement about the change in plans could come by Wednesday, according to the New York Times.

The value of Yahoo's core properties remains an open question. Wall Street currently values Yahoo's core business at less than zero, with all the of the company's market cap ascribed to its stakes in Alibaba and in Yahoo Japan. But analysts have said Yahoo's core internet business could be worth anywhere from $2 billion to $6 billion.

There has also been speculationthat the Yahoo business, which was one of the first internet businesses, could be broken up and sold to a number companies.

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