Yahoo! (YHOO) Could Sell Right Media Exchange -Business Insider
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Business Insider reporting Tuesday Yahoo! (Nasdaq: YHOO) could be considering a divestiture of its Right Media Exchange unit.
The rumors come amid a wave of Yahoo! M&A chatter recently following the firing of Carol Bartz.
Business Insider said possible suitors could include Microsoft's (Nasdaq: MSFT) AppNexus, IBM (NYSE: IBM) and Adobe (Nasdaq: ADBE).
Yahoo! purchased the unit back in 2007 for nearly $700 million.
The rumors come amid a wave of Yahoo! M&A chatter recently following the firing of Carol Bartz.
Business Insider said possible suitors could include Microsoft's (Nasdaq: MSFT) AppNexus, IBM (NYSE: IBM) and Adobe (Nasdaq: ADBE).
Yahoo! purchased the unit back in 2007 for nearly $700 million.
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