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strategic options

AMD reportedly hires bank to explore options such as a sale

Struggling chipmaker Advanced Micro Devices has reportedly hired J.P. Morgan to help it explore strategic options -- in other words, to look at possibly breaking up its operations or selling the entire company.

Reuters reported that an outright sale of the company isn't a priority and that AMD may consider selling its patent portfolio.

A person familiar with the situation told CNET that AMD has worked with J.P. Morgan, but it's not considering selling the company.

An AMD spokesman, meanwhile, said that "AMD is not actively pursuing a sale of the company or significant assets … Read more

Yahoo still mulling strategic options, report says

Yahoo's board of directors is considering a number of strategic options beyond selling the company, Yahoo co-founder Jerry Yang said today at a conference in Hong Kong.

"The intent going in is not to put ourselves for sale," Yang said at the AsiaD conference, according to an AllThingsD report. "The intent is to look at all the options."

Yang noted that while selling the company intact is an option, Yahoo is made up of three units (its core search and content business, as well as stakes in Yahoo Japan and Alibaba). "They are looking … Read more