Potential Option Proposals for Yahoo from Several Company

Yahoo Inc. has received a number of potential option proposals from several company, but the Internet company that was staggered that estimate, they still take many months to determine its future.

The statement was disclosed by a co-founder and chairman of Yahoo's board of directors through a written statement on the company's employees, last weekend.

"We're working with the advisory body to develop an idea which we will seek to proactively," said the statement, as quoted by Reuters, 26 September 2011.

As is known, Yahoo pointed to Allen & Co. to help them do a 'strategic review' after Yahoo to fire Carol Bartz, chief executive of the company, earlier this month.

"Now, they are still considering a request from a number of parties who expressed interest of several potential options," said a letter signed by Roy Bostock, chairman of the board of directors, as well as the founder of Yahoo, Jerry Yang and David Filo.

Find CEO
According to source close to Silver Lake Partners, a private finance company is one of the parties who have contacted the Allen & Co.

In the letter, the board of directors of Yahoo has also been looking for a permanent CEO to replace Bartz. But no mention to what extent the search has been conducted, and whether the company has hired a professional recruitment agency to help find.

As is known, according to the nearest source, in a meeting the day after the sacking Bratz, that said the company was not sold.

And although the official letter did not explicitly disclosed that Yahoo will be sold, but noted that the company is considering several options to find the best approach for the company.

"Although we need to move quickly, but this process will take time. In a matter of months, not weeks, "said the letter. A spokesman for Yahoo itself has not been willing to comment on the circulated memo related.