Yahoo on Friday announced that it has hired banking advisers and formed a committee to explore its strategic alternatives, the latest indication that the struggling company is serious about pursuing a possible sale. The committee, along with advisers Goldman Sachs, J.P. Morgan Chase and PJT Partners, will identify and recommend to the board of directors transactions that it deems beneficial to employees and shareholders. “All of us here at Yahoo want to return this iconic company to greatness,” CEO Marissa Mayer said.
Now a days Yahoo has been owned by Verizon telecom company so this thread should be closed now.
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Yahoo Sets Itself Up for Buyout
Posted by: Natalie Campisi February 20, 2016 06:00 AMYahoo on Friday announced that it has hired banking advisers and formed a committee to explore its strategic alternatives, the latest indication that the struggling company is serious about pursuing a possible sale. The committee, along with advisers Goldman Sachs, J.P. Morgan Chase and PJT Partners, will identify and recommend to the board of directors transactions that it deems beneficial to employees and shareholders. “All of us here at Yahoo want to return this iconic company to greatness,” CEO Marissa Mayer said.