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syndication.ap.orgFILE - In this Oct. 4, 2010 file photo, em Yahoo signboard is displayed in San Francisco. Shares of Yahoo are up sharply before the opening bell, Wednesday, Dec. 2, 2015, em linha a report that the company will discuss the sale of its Rede mundial de computadores business. (AP Photo/Charco Sakuma)NEW YORK (AP) - Shares of Yahoo are up sharply Wednesday online se report that the company will discuss the sale of its World wide web 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 ao preço de planned spinoff of its lucrative stake in Chinese e-commerce company Alibaba and sell its own Net business - which it is known for - instead. Starboard's plan would leave the company with its Alibaba investment and Yahoo Japan.
Yahoo runs several rede mundial de computadores properties including Yahoo Finance, blogging platform Tumblr and fashion sítio Polyvore.
Shares of Yahoo rose $1.93, or 5.7 percent, to $35.64 in morning trading Wednesday.
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