One of the most powerful Internet companies is officially for sale

Yahoo has admitted what everyone already knew — the company is up for sale. And to make sure it's taken seriously, Yahoo is bringing in outsiders to drum up interest. The company announced on Friday the formation of "a Strategic Review Committee of independent directors" to explore "strategic alternatives." Put more plainly, Yahoo has hired bankers and lawyers to field offers that can be presented to the company's board of directors.
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