The price of Yahoo lower than expected – Västerbotten Courier

The American Internet company Yahoo’s core business looks to be sold for a much lower price than what analysts had assumed before the bid process.

The telecom giant Verizon said to invite around three billion US dollars, equivalent to about 24 billion for operations in a second bidding round, according to the Wall Street Journal. As late as in April, said sources familiar with the process to the business magazine that the sale was expected to fetch between four and eight billion dollars.

Although the private equity company TPG is still interested in buying Yahoo’s core business, according to the WSJ’s sources .

Yahoo’s core business consists among other things of search and e-mail services and various news sites. The sale does not include Yahoo’s stakes in the Chinese e-commerce giant Alibaba and Yahoo Japan, which accounts for most of Yahoo’s market capitalization of approximately $ 35 billion.

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