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Yahoo’s board to discuss sale of Internet business

Yahoo board will consider a potential sale of the company’s main Internet businesses in a series of meetings starting Wednesday, the Wall Street Journal reported, citing people familiar with the matter.

The board will discuss whether to stick to its plan to spin off its stake in Alibaba Group Holding, to find a buyer for Yahoo’s Web businesses, or both, the paper reported Tuesday, without naming the people.

By Brian Womack

Full Story: http://www.mercurynews.com/business/ci_29189670/yahoos-board-discuss-sale-internet-business-wsj-reports

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