9/25/11

Yahoo execs send out confusing memos over 'sale' - Technology - GMA News Online - Latest Philippine News

Yahoo execs send out confusing memos over 'sale' - Technology - GMA News Online - Latest Philippine News: "Leaked memos from executives of Internet company Yahoo! hint at the possible sale of the company, a tech site reported Saturday.

All Things Digital said the first memo by Yahoo Chairman Roy Bostock and co-founders David Filo and Jerry Yang indicated they are studying "options."

"Our advisers are working with us to develop ideas that we will pursue proactively. At the same time, they are fielding inquiries from multiple parties that have already expressed interest in a number of potential options. We will take the time we need to select and structure the best approach for the company, its shareholders and employees," they said, according to AllThingsD."

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