Marissa Mayer Sets Yahoo on Streamlined Course

February 2, 2016 11:26 PM

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Marissa Mayer Sets Yahoo on Streamlined Course

SAN FRANCISCO — Yahoo, facing investors’ demands for radical action, said on Tuesday that it would explore “strategic alternatives” including a sale of some assets, something it was resisting as recently as December.

But Yahoo hopes it really will not come to that. The company also outlined a plan to “simplify” itself by shedding assets, cutting expenses and focusing on just a few areas where growth seems promising.

Also read: Goldman Sachs earnings: $5.08 a share vs. $4.82 estimate

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