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Yahoo to say it Is exploring 'strategic alternatives' after market close – DJ

2 点作者 skhatri11超过 9 年前
Yahoo (NASDAQ:YHOO) shares have jumped on news from Dow Jones that Yahoo will say it&#x27;s exploring &quot;strategic alternatives&quot; in its aftermarket earnings commentary today.<p>Shares were down as much as 4.9% and have leapt to just a 0.4% decline. It&#x27;s the strongest indication yet that the company will consider a sale of all or part of its Web business.<p>The board has a fiduciary duty to listen to offers, which could come from Verizon (NYSE:VZ) or from private-equity firms that have expressed interest in parts of the business.<p>Sales have fallen at Yahoo in seven of the past 10 quarters.

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