Leaked Yahoo memo indicates possible sale

Yahoo

As quoted from Neowin, when Yahoo CEO Carol Bartz sacked earlier this month, co-founder Jerry Yang, had earlier told employees that the company will not be sold. Maybe it will change, because the Business Insider reported that a leaked email this week from Yahoo's Yang to all employees indicating that the company is considering going interest from buyers.

"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." Yang wrote in his email to Yahoo employees.

Rumors also mention earlier this month that Microsoft may be (re) interested in buying Yahoo, something thatonce they try a few years ago and failed. Yang also responded to some of the rumors that Yahoo buy back busy lately via email.

"There will be plenty of rumors and speculation as different parties try to advance their agendas in the media – but it is important that we not be distracted by the rumors and speculation." added Yang.

It seems that Yahoo's Yang board wanted to ensure the best for the company. "Whilewe will move with a sense of urgency, this process will take time. Months, not weeks. We know that’s a lot of potential distraction, but we believe it will be worth the wait." he concluded.

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