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October 07, 2011
Could Yahoo! Be For Sale?
By: Rene LeMerle
Falling market share and CEO's being given the boot have decreased the value of Yahoo! lately, so could it be time for the board to consider selling the company?

After the exit of CEO Carol Bartz, a leaked memo from founder Jerry Yang to his employees fueled rumors that the company wouldn't knock back a takeover bid.

Here is the excerpt from the email:

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.

This translates to: For the right price, you bet we will sell!

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