• Reuters, Monday, October 10, 2011 12 AM

The latest report about Yahoo’s destiny has it considering a partnership with private equity firms to go private. “Such a deal would involve rolling over [co-founder Jerry] Yang's stake in Yahoo, which stood at 3.63% as of April 2,” Reuters reports. David Filo, Yahoo's other co-founder, would then likely roll over his stake, sources tell Reuters. Without detailing Yang's present role, Yahoo said in a statement: "The entire Board, including Jerry, is fully aligned and unanimous in support of the comprehensive scope of the ongoing strategic review. As always, Jerry's singular focus remains to serve the best interests of Yahoo -- its shareholders, employees, users and advertisers."

Said strategic review is being conducted Yahoo and its longtime advisers at Allen & Co and Goldman Sachs, which reportedly began shortly after the firing of Carol Bartz as CEO in September. Separately, along with a number of other suitors, Reuters reports that Bain Capital has expressed interest in Yahoo. “Bain has invested heavily in several media companies including Clear Channel Communications and The Weather Channel in recent years.”

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