Faculty News

Professor Aswath Damodaran discusses Yahoo's value

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Excerpt from CNBC -- "'It is still not clear what is being offered in the auction, but I can almost guarantee you that it does not include cash on hand,' said Aswath Damodaran, finance professor at the Stern School of Business, who has owned shares of Yahoo. Damodaran initially valued Yahoo in 2014, calling the company 'a puzzle, a mystery and an enigma.' He found the core business was worth $4.6 billion and has declined in value since."

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