Yahoo! (YHOO) to Weigh Sale of Internet Business - WSJ
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Yahoo! (NASDAQ: YHOO) is weighing the sale of its Internet business, the Wall Street Journal reported late Tuesday.
The Board is expected to met to discuss plans to proceed with the spin-off of its Alibaba (NYSE: BABA) stake, find a buyer for the Internet properties, or both.
Large investor Starboard has recently suggested the company look at the sale of its web properties.
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