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Softbank chief facing US$8.6b Yahoo dilemma
The latter is said to be considering selling its Japanese portal stake
Add BT as a preferred sourcePublished Tue, Dec 8, 2015 · 09:50 PM
Tokyo
MASAYOSHI Son has an US$8.6 billion dilemma on his hands.
His SoftBank Group Corp is the largest investor in Yahoo Japan Corp, controls several board seats and wields more power over the country's most profitable website than anyone. That's been possible because Marissa Mayer's Yahoo Inc, the next biggest shareholder with 35.5 per cent, has been happy to leave management to the nation's second-richest man.
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