Yahoo Cancels Small-Business Unit Sale: Report; HotJobs Too?


Credit: Flickr/Yodel Anecdotal

Just as things for Yahoo (NSDQ: YHOO) maybe are getting less bad, “maybe” being the operative word, it may be forced to keep some of the non-core units it has been trying to sell off, at least for now. It has taken off its small business unit off the block, according to Jeff Bercovici at DailyFinance, citing sources. The reason, a familiar one: lack of interest in the unit, according to the story. When the news came out last year, Yahoo was reportedly seeking $350 million to $500 million, which I am sure came down as they progressed with the process. Even then, no takers, it seems.

Also, we have been hearing that its jobs site HotJobs’ sale process is not going well either. Not a single confirmed bid came in when the process started, our sources say.

Meanwhile, recently Yahoo sold off its e-mail service Zimbra to VMWare. Yahoo refused comment on the sale or lack of it.


Allen Weaver

I think you mean “may be” – not “maybe”. As in; “Maybe I’m wrong, but I may be right.”

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