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Yahoo! puts small business unit on the block

Posted on September 23, 2009 7:30 AM
Yahoo! Inc. of Sunnyvale, Calif., has placed its small business hosting division on the block and seeks bids between $350 million and $500 million. The move is the latest in a batch of Yahoo! auctions aimed at shedding the company's noncore assets.

Yahoo! is amid a strategic shift to a more consumer- and advertising-focused brand that began when chief executive Carol Bartz took charge in January.

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