Yahoo! (YHOO) Higher On New Rumblings

Shares of Yahoo! (Nasdaq: YHOO) are 2 percent higher in pre-open trading Monday following an article over the long Easter weekend, speculating that management or even ownership changes could be coming.

An article from All Things D suggests that interest in the company from private equity firms and others is still present and the board may now be much more open to a deal.

According to the article:
"The truth is, they are still out there and ruminating–this time with what sources describe as a much more amenable Yahoo board, with several of its key members willing to entertain any legitimate offers or ideas to improve the Silicon Valley search giant’s prospects."

Support for CEO Carol Bartz also appears weak, the article notes.

---

Serious News for Serious Traders! Try StreetInsider.com Premium Free!

---

You May Also Be Interested In

• Grand Ole Opry House Put Up for Sale by Owner Ryman Hospitality - Bloomberg (earlier)
• Anthropic Accuses Alibaba Of ‘Illicitly’ Accessing AI Models - Bloomberg
• Reformation Prepares To Confidentially File For IPO - WSJ