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Yahoo to Say It's Exploring Strategic Alternatives

Yahoo! Inc. plans to say it’s exploring “strategic alternatives” for its Web business when it reports fourth-quarter earnings and unveils an efficiency plan on Tuesday, according to a person familiar with the matter.

Bloomberg previously reported that Sunnyvale, California-based Yahoo was considering an outright sale of its business -- a shift from an earlier plan to spin off the main Internet operations, which include e-mail, Web search and advertising. The Wall Street Journal reported Yahoo’s plan to announce the review of its options earlier on Tuesday.