Will Yahoo's Sale Process Get Halted Following Its New Agreement With Starboard Value? Bloomberg Has The Answer

By Wednesday afternoon, Yahoo! Inc. YHOO's agreement with activist investor and major shareholder Starboard Value has been well digested by the investment community.

However, the question remains: Will the latest agreement impact Yahoo's ongoing search for a buyer to acquire its internet properties?

Bloomberg's Jeff McCracken said that it has been widely assumed for some time that Yahoo will reach a settlement with Starboard Value. He added that an ongoing concern was that the sale process would indeed become interrupted, or even halted because Starboard has been "skeptical of the process."

Related Link: Bloomberg's Tom Giles Says Yahoo's Agreement With Activist Investor "Buys Time" For Marissa Mayer

McCracken continued that Yahoo has received bids for its assets from a wide variety of buyers, including Verizon Communications Inc. VZ, Yellow Pages and private equity firms.

"I thought for a while that Verizon is going to end up owning [Yahoo's internet properties]," McCracken said. "Whether it is in this process or a new process that begins with Jeff Smith on board with a little more oversight, I think Verizon wants to own this and pair it with AOL, which is why they bought it a year or so ago."

Finally, McCracken pointed out that if Verizon were to acquire Yahoo's internet assets, it will be in good hands and managed by Tim Armstrong.