Yahoo panel to study 'strategic' options http://ift.tt/1oxmoBV

Yahoo said Friday it had named a committee to study the company's "strategic alternatives," moving a step closer toward a breakup or sale of the troubled Internet pioneer. The term "strategic alternatives" is often used when a company is considering a merger or sale. Yahoo said it had hired Goldman Sachs & Co., JP Morgan and PJT Partners Inc. as its financial advisors, and the law firm Cravath, Swaine & Moore LLP for legal issues.

from Sniply: Australian Business & World Finance News - Yahoo!7 Finance http://ift.tt/1oxmoBV
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