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Sunday, September 25, 2011

Yahoo Will Be Sold To Public

Yahoo Will Be Sold To Public
One of the founders of Yahoo, Jerry Yang has acknowledged that his company yahoo will be sold. An internal memo obtained by Business Insider revealed that the directors of Yahoo has teamed up with Allen & Company to fill a list of several parties that expressed interest in buying in the numbers of potential. Yang also suggested that the company is now in the process of finding a permanent replacement for Carol Bartz CEO who was fired several weeks ago.

Which also indicates that Yahoo's directors are in the process of reviewing the company's widespread operations to provide more value for our shareholders. Yang explained that Yahoo already has 680 million users.

Which ever previously rejected Microsoft's bid to buy Yahoo with cash amounting to $ 44.6 billion three years ago. When was Yang, who are fans of Apple, Yahoo is headed. When it is claimed that the offer was rejected because the offer is deemed less lot. Since then, Yahoo under the leadership of Carol Bartz, signed an agreement with the design of Microsoft's search engine to add Yahoo users. It is unknown whether Microsoft is still interested in acquiring Yahoo.

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