Yahoo's board will consider a potential sale of its internet business

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Marissa Mayer

REUTERS/Ruben Sprich

Yahoo CEO Marissa Mayer

Yahoo's board will consider a potential sale of its internet business when it meets later this week, according to CNBC, which is citing a Dow Jones report based on anonymous sources.

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Yahoo shares are up 4.75% at $35.31 in after hours trading.

The Yahoo board will be meeting Wednesday through Friday, according to CNBC

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