21.02.2016 - 02:47 [ Guardian ]

Yahoo board hires investment bankers to explore selling its internet businesses

The board has now responded to that pressure by hiring investment bankers Goldman Sachs, JP Morgan and PJT Partners to set up a process for meeting with companies interested in buying all or parts of Yahoo’s business. A special committee of Yahoo’s directors will discuss the options with the bankers and the company’s legal advisers, Cravath, Swaine & Moore.