Yahoo's fat wallet: Its biggest asset

April 22, 2015 5:38 PM

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Yahoo's fat wallet: Its biggest asset

Ever sit at the beach while guys with metal detectors hover around you – hoping you’ll drop change or a ring? That must be what Yahoo (YHOO) feels like.

Yahoo’s first-quarter results didn’t inspire much confidence – until the company said it would open up its wallet again and look to sell off its stake in Yahoo Japan. All of a sudden investors were interested – seeing it as another chance to walk behind the company and pick up its loose change. Shar...

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