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Yahoo Inc. said Friday that it has hired banking advisers and formed a special committee to explore its strategic alternatives, the latest indication that the Internet company is serious about pursuing a possible sale.
The company said the committee and its advisers—Goldman Sachs & Co., J.P. Morgan Chase & Co. and PJT Partners Inc. —are creating a process for reaching out to potential interested parties. Yahoo Hires Bankers and Independent Committee Exploring Options [wsj.com]