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Yahoo vets suitors as its troubles mount and revenue shrinks

CEO disputes news reports that the company is dragging its feet on a potential sale

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Ms Mayer hinted that Yahoo would prefer a buyer such as Verizon that could achieve "strategic synergies", as opposed to a purely financial buyer such as a private equity firm.

San Francisco

YAHOO said on Tuesday that its business continued to deteriorate in the first quarter, putting more pressure on the company to find a buyer quickly for its Internet operations.

Marissa Mayer, Yahoo's chief executive, said during a webcast to discuss the financial...

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