Yahoo is reportedly considering putting its entire internet business up for sale.
The company's board is holding a series of meetings this week, according to the Wall Street Journal, to discuss the possibility of separating its valuable stake in Chinese eCommerce giant Alibaba – worth $39.9bn (£27bn), according to the company's Q3 earnings report – from Yahoo's main business, with an eye to selling the latter.
The details are still hazy – there's no word of a buyer, beyond potentially 'private equity firms', or even a rough amount – and Yahoo has not yet responded to these reports, but they're certainly lent credence by Yahoo's recent results. During Q3, it reported losses of $86m, from revenues of $1.2bn.
If the sale does go ahead, it will be interesting to compare with the $44.6bn bid Microsoft made to acquire Yahoo back in 2008, which was rejected by the company due to "substantially undervaluing" the company's value.