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With CEO Carol Bartz fired, is Yahoo preparing to sell itself?

  • fired Last night, Carol Bartz got pushed out at Yahoo, a move that, while swift, wasn’t totally unsurprising — she didn’t exactly win a lot of fans for her handling of the company over the past two years. The stock price went up immediately after the announcement.
  • sold? Now, a Wall Street Journal article uses this phrase: “One of these [independent directors] said Yahoo is open to selling itself to the right bidder.” Yahoo famously dodged a sale to Microsoft in 2008, and since then, their value has declined significantly. Oops. source

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September 7, 2011 // 10:51 // 3 years ago
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