Ron Burgundy Posted February 19, 2016 Share Posted February 19, 2016 Yahoo, which is exploring strategic alternatives alongside its plan to revamp and spin off its Internet business, also said the committee and its advisers are working on a process for reaching out to and engaging with potentially interested strategic and financial parties. Earlier this month, Yahoo engaged with interested parties individually, without running a formal auction process, according to people familiar with the matter. This is a strong indication that CEO Marissa Mayer and the board may be willing to sell the Internet business, while trying to sidestep a possible proxy fight from activist investor Starboard Value LP. View the full article Quote Link to comment Share on other sites More sharing options...
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