Yahoo is said to be considering plans to sell its search and advertising divisions, which have been struggling in the shadow of rivals including Google and Facebook. The board will meet this week to discuss the company’s future and decide whether selling the group’s internet business is better than an earlier plan to spin off its $33bn stake in Alibaba. Several private equity firms and nearly 400 million media company, are said to be considering buying Yahoo’s core business. Telecoms companies, could also be interested, following the model undertaken by Verizon when it purchased AOL.
Yahoo is said to be considering plans to sell its search and advertising divisions, which have been struggling in the shadow of rivals including Google and Facebook. The board will meet this week to discuss the company’s future and decide whether selling the group’s internet business is better than an earlier plan to spin off its $33bn stake in Alibaba. Several private equity firms and at least one media company, are said to be considering buying Yahoo’s core business. Telecoms companies, could also be interested, following the model undertaken by Verizon when it purchased AOL.