• The New York Times, Monday, September 12, 2011 12:56 PM

In what shouldn't come as surprise to anyone, Yahoo's scorned CEO Carol Bartz resigned from the company's board on Friday. The move came days after Bartz was fired from the company, after which she called her fellow board members "doofuses," adding that they "f---ed [her] over." Meanwhile "The company is in the midst of trying to figure out its next steps," reports Dealbook. "It has hired at least two investment banks, Allen & Company and UBS, to help evaluate strategic alternatives for the company."

Options for Yahoo include divestitures of its Asian investments, which, as Dealbook notes, some analysts have said are worth more than the company's actual operations. Another option is selling the company outright.

Last week, Bloomberg reported that AOL chief executive Tim Armstrong had reportedly reengaged Yahoo about a potential merger. "While some people close to Yahoo's board have ruled out a sale of the company, others have said the directors are evaluating all possibilities," Dealbook adds.

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