Yahoo Considering Selling Itself Off

Yahoo-HQ-logo-IRL.jpgYahoo is reportedly considering putting its entire internet business up for sale.

The companys 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 companys Q3 earnings report – from Yahoos main business, with an eye to selling the latter.

The details are still hazy – theres 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 theyre certainly lent credence by Yahoos 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 companys value.