Reuters just reported that Yahoo may finally be really willing to transfer its stake (35%) in Yahoo Japan, the country’s biggest website, to SoftBank, Yahoo Japan’s other major shareholder.
SoftBank owns more than Yahoo itself (37.36%).
Rumors about a possible exit by Yahoo have been circulating for years. Just two weeks ago, TechCrunch wrote a piece on a possible deal coming closer and closer.
Here’s the Reuters article:
Exclusive: Yahoo closes in on Yahoo Japan deal
A SoftBank spokesman just said (at around 1pm Japanese time)his company has no intentions to buy Yahoo Japan shares.