Yahoo tried to turn around its sagging profits but they have not been successful. Lower visibility and high attrition rates have combined to compel the company to look forward to other sources of businesses for profits. Its bottom line is heavily dependent on both its Japanese business as well as its stake in Chinese internet giant Alibaba. Now Yahoo is considering to be sold of lock stock and barrel to the highest bidder. Sources for the Wall Street Journal stated that Yahoo is holding a “marathon” number of board meetings where the possibility of selling the company’s core business is on the table. It’s not certain how serious the web pioneer might be, but private equity firms are reportedly taking a peek.
