Twice As Nice: Yahoo! CEO Marissa Mayer Welcomes Identical Twin Girls

She gave birth to twin girls Thursday, the day after unveiling plans to hatch a new company to control Yahoo’s Internet business.

Mayer and her spouse Zachary Bogue also have a son, Macallister, who is 3 years old.

With Yahoo again at a crucial transition point, Mayer has said that she will take “limited leave” following the birth of her daughters and will again work throughout her time outside the office. Other elements of the core business include search technology, Yahoo Sports, Flickr and the Tumblr blogging platform.

Financial analysts described the move as prudent because, given the volume and value of the Alibaba stock, even a small chance of tax-related complications could potentially put Yahoo on the hook for a tax bill that could exceed $10 billion.

In the reverse spin off, Yahoo’s assets and liabilities other than the Alibaba stake would be transferred to a newly formed company, the stock of which would be distributed pro rata toYahoo shareholders resulting in two separate publicly-traded companies.

Mayer told a conference call Yahoo is readying a new strategic plan which would be unveiled early next year.

Its Alibaba stake, worth more than $30 billion, accounts for the bulk of Yahoo’s current market value of $32 billion.

His outlook for Yahoo was certainly more optimistic in a separate note penned last night in which he highlighted three potential scenarios facing Yahoo.

But McAdam said there were no active discussions and that the Yahoo board “is going to have to make some decisions long before we would have any interest”. It hopes to unlock this hidden value by the spinoff of the core business, as well as the stake in Yahoo!

Yahoo CEO Marissa Mayer has given birth to identical twin girls.

Citi analyst Mark May believes that it is “a viable and attractive option” for Yahoo to sell its core business is for Yahoo. Maynard Webb, chairman of the board, explained the board’s reasoning: Although board members believe the previously announced spin off would be tax free to Yahoo and its shareholders, they are considering the bigger picture at Yahoo. Yahoo stated that it could take up to another year before the spin off is complete. That business would be distributed to Yahoo shareholders. She is not the first CEO seeking to reinvent Yahoo, but she had initially inspired confidence with her experience as a manager at rival Google.

Bloomberg reports that Mayer made the announcement via social media website Twitter, saying that she and her family are doing well. Its properties are frequented by more than 1 billion active users each month, and more than 600 million of those years are on mobile, the company says.