The new entity is worth less than the sum of its parts, but don't go buying up shares just yet.
News & Analysis: Yahoo
The buyout is now expected to close in June.
The fourth-quarter earnings report looked solid enough, but the pending buyout proceedings are taking longer than expected.
The company continued to see its adjusted revenue and earnings drop.
The sale process is moving ahead, but it won't necessarily be quick. Here are a few of the most important points from Yahoo!’s first-quarter report.
"Mavens" revenue rises 43% year over year, but huge jumps in the cost to acquire search and display traffic take a toll on results.
Wall Street expects a steep decline in profits and a marginal drop in revenue. Will big gains in mobile usage create an upside surprise?
A bottom-line miss leaves investors wondering, though strength in the "Mavens" suggests CEO Marissa Mayer is still on the right track.
We look at the key catalysts as the Internet giant prepares to report second-quarter earnings later today.
Mobile and search shows signs of promise, but big spending on traffic acquisition takes an unexpected toll.