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Tech Industry

Short Take: Softbank sells Yahoo shares

Softbank Holdings reported in a filing with the Securities and Exchange Commission that it sold off 350,000 shares, or between $24.2 million and $24.8 million worth of Yahoo stock, on December 31. Softbank holds a 32.3 percent stake in Yahoo and holds about 13.9 million shares in the Internet company.

Softbank Holdings reported in a filing with the Securities and Exchange Commission that it sold off 350,000 shares, or between $24.2 million and $24.8 million worth of Yahoo stock, on December 31. Softbank holds a 32.3 percent stake in Yahoo and holds about 13.9 million shares in the Internet company.