Taking Stock Of Yahoo In Its Final Days As A Public Company

It's probable that Yahoo won't be a publicly listed firm for much longer after 21 years on the market.

Yahoo's CEO, Marissa Mayer, released a statement on Tuesday to commemorate the business.

"Last quarter as an independent company" along with what is anticipated to be its final quarterly financial report to the general public.

Some have interpreted the company's sales for the first quarter of 2017, which came in at $834 million.

Somewhat higher than analysts' expectations as a sign of the struggling business's potential.

Yahoo said last year that it will sell Verizon its websites, search engine, and core internet business.

The goal of Verizon is to enhance its drive into mobile and video ad sales by combining Yahoo and AOL, two internet pioneers that are currently experiencing financial difficulties.

Tim Armstrong, the current CEO of AOL, will apparently lead the resultant business, which will be called Oath.