186.00 Dollar US$ Yahoo up on-line report of possible sale of Rede business North Yorkshire

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Cell Phones - Accessories Published date: April 10, 2016
  • Country: United Kingdom
  • Region: Herefordshire
  • City: North Yorkshire
  • City area: 59430
  • Address: 84 Rue De La Hulotais, Saint-Pol-Sur-Mer

syndication.ap.orgFILE - In this Oct. 4, 2010 file photo, em direção a Yahoo signboard is displayed in San Francisco. Shares of Yahoo are up sharply before the opening bell, Wednesday, Dec. 2, 2015, na Internet com destino a report that the company will discuss the sale of its World wide web business. (AP Photo/Aguaçal Sakuma)NEW YORK (AP) - Shares of Yahoo are up sharply Wednesday em conexão por report that the company will discuss the sale of its Rede mundial de computadores 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 e planned spinoff of its lucrative stake in Chinese e-commerce company Alibaba and sell its own Web 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 sítio da Internet Polyvore.
Shares of Yahoo rose $1.93, or 5.7 percent, to $35.64 in morning trading Wednesday.
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