The title is somewhat sensationalist, but there have been articles coming out for months, including from more respected papers like WSJ and NYT, claiming they have info from sources inside the company that there are discussions about selling their core businesses assets.

These were of course unsubstantiated, but now Yahoo reports another bad quarter, a bunch of layoffs, and also says this:

>The Board also believes that exploring additional strategic alternatives, in parallel to the execution of the management plan, is in the best interest of our shareholders. Separating our Alibaba stake from our operating business continues to be a primary focus, and our most direct path to value maximization. In addition to continuing work on the reverse spin, which we've discussed previously, we will engage on qualified strategic proposals."

That does seem like a dodgy way of asking for offers.