Yahoo is in negotiations with Yahoo Japan to sell their 35% back to Yahoo Japan. It is valued at close to $10B. Yahoo has plenty of more cash on the way. A MM buyout is in the cards.
This is out today: U.S. parent Yahoo!, which holds a 34.8% stake in Yahoo Japan, has been considering selling shareholdings in the unit for roughly two years. Yahoo Japan will continue negotiating with the U.S. parent on the matter, Miyasaka said.