Yahoo is meeting with investment bank Allen & Co. following the ouster of Chief Executive Carol Bartz, reports Bloomberg.
The company’s board will hear different scenarios for Yahoo’s future from the investment bank before deciding whether to hire Allen & Co. to explore the options, the story says. During the private meeting, the board will also discuss the search for Bartz’s successor.
Yahoo could attract a takeover from private-equity investors, according to one analyst cited by Bloomberg. A Yahoo spokeswoman declined to comment.