Report: Yahoo’s board will explore a sale of its 20-year-old Web business

December 9, 2015 12:22 AM

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Report: Yahoo’s board will explore a sale of its 20-year-old Web business

The ambitious plan to reinvent Yahoo — the popular but tired internet search portal — appears to have hit a new snag, as Yahoo’s board will reportedly explore selling off its core businesses in a bow to pressure from activist investors.

The move, first reported by CNBC citing anonymous sources, means that Yahoo could part ways with search and email properties that, taken as a whole, attracted 210 million visitors last month, comparable with tech stalwarts Facebook and Google. An assessment of what to keep or what to sell could take...

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