Yahoo Changes Course Under Pressure, Weighs Core Web Spinoff

  • Bundling Web assets will give investors clearer value
  • Board has `fiduciary obligation to engage' any offer
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Yahoo! Inc. is changing course. Again.

After scrapping long-held plans to spin off its valuable stake in Chinese e-commerce provider Alibaba Group Holding Ltd., Yahoo is now considering bundling the rest of its assets -- including its Web business and stake in Yahoo Japan Corp. -- into a standalone company.