Yahoo hopes to sell between $1 billion and $3 billion of patents, property, and other assets, according to CFO Ken Goldman.
The company is already exploring its strategic alternatives and believes a quick asset sale can shore up its finances. The company has generated $600 million from similar sales in the past.
Yahoo is also weighing a sale of its internet business in a move to separate it from Alibaba. Yahoo doesn’t yet have any specific deals in the works.
