155.00 Pound £ Yahoo up on report of possible sale of Web business Heswall

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Cameras - Camera Accessories Published date: April 18, 2016
  • Country: United Kingdom
  • Region: Tyne y Wear
  • City: Heswall
  • City area: 72100
  • Address: 61 Rue Goya, Le Mans

syndication.ap.orgFILE - In this Oct. 4, 2010 file photo, no sentido de Yahoo signboard is displayed in San Francisco. Shares of Yahoo are up sharply before the opening bell, Wednesday, Dec. 2, 2015, em conexão ao preço de report that the company will discuss the sale of its Rede business. (AP Photo/Atascadeiro Sakuma)NEW YORK (AP) - Shares of Yahoo are up sharply Wednesday on lá report that the company will discuss the sale of its Internet business.
The Wall Street Journal reported late Tuesday that the board of Yahoo Inc. is meeting this week to talk about what shape the company will take going forward. The article, citing anonymous sources, says private equity firms are among those looking at Yahoo's websites.
Yahoo, based in Sunnyvale, California, declined to comment Wednesday.
Last month, activist investor Starboard Value urged Yahoo to scrap lá planned spinoff of its lucrative stake in Chinese e-commerce company Alibaba and sell its own Rede de computadores interligados business - which it is known for - instead. Starboard's plan would leave the company with its Alibaba investment and Yahoo Japan.
Yahoo runs several world wide web properties including Yahoo Finance, blogging platform Tumblr and fashion conjunto de páginas da Internet Polyvore.
Shares of Yahoo rose $1.93, or 5.7 percent, to $35.64 in morning trading Wednesday.
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