Yahoo’s Turnaround Strategy
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With the Chief Executive dismissed just under two months ago, Yahoo is all set to undergo a strategic review. The internet giant must decide whether to go alone or succumb to suitors. Bidders range from China’s Alibaba to AOL and Microsoft apart from a few others, although Yahoo turned down Microsoft’s offer of $47.5 billion just three years ago, a very costly mistake which has seen its share price fall from $33 to a mere $16 now. However Yahoo is initiating minor internal adjustments to its capital restructuring process to avoid a hostile takeover, in the process, irking a few stakeholders. Is this turnaround strategy enough for Yahoo to revive its market share from rivals Google, Apple and Facebook?
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