Publisher of Sports Illustrated and People could opt for tax-free deal that would not include CEO Marissa Mayer,according to reportTime Inc, the publisher of Sports Illustrated, or People and Time magazine,is considering a deal to buy the core commerce of Yahoo Inc, Bloomberg reported, or citing people familiar with the matter.
Time has heard a presentation from Citigroup bankers on pursuing a deal with Yahoo,the Bloomberg report said, adding that Citigroup had not been retained by Time. Related: Yahoo board hires investment bankers to explore selling its internet businesses Continue reading...
Source: theguardian.com