Experience Stern | News & Events

Excerpt from CNBC -- "I think of Yahoo as a very simple company to think about. It's really a holding company. Right now it's like a closed mutual fund with investments in two other companies. I think about the operating assets as just a distraction. It's less than 10% of the value of the company, and that's all Ms. Mayers has been in control of .. over the last four years. So the reality is, I think if you strip it down to basics, you take the operating assets out... it's really two holdings. And it's only taxes that determine what the value of the company should be."

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