It’s possible that firing Carol Bartz (News - Alert) will turn out to be fruitful financial decision for Yahoo.

The Internet company was reportedly contacted by potential buyers interested in acquiring “some or all” of the Internet company, The Wall Street Journal reported Thursday, citing unnamed sources.

According to the Journal, one interested bidder is private equity firm Silver Lake, which has called Yahoo board members on a possible deal, the report said, but hasn't met with the firm.

Yahoo rose 4.1 percent after The Wall Street Journal reported that the Sunnyvale, Calif.-based company had been contacted by potential bidders for some or all of the company. According to the Journal, Silver Lake and Yahoo spokeswomen declined to comment.

The potential sale follows the firing of Yahoo Inc. Chief Executive Carol Bartz who was ousted by the company’s board last week, bringing an abrupt end to a rocky tenure at the struggling Internet search company. Since Bartz’s official departure Sept. 9, CFO Tim Morse is acting CEO and a management team of vice presidents and the executive counsel are helping run the company.

The saga surrounding Yahoo’s management team took another interesting turn on Tuesday when one of the company’s chief shareholders called for the ousting of current chairman Roy Bostock, TechZone reported.

In a pointed letter to Yahoo co-founder and former CEO Jerry Yang (News - Alert), hedge fund manager Daniel Loeb accused Bostock of hanging up on him, and asked Yang to “do the right thing for all Yahoo shareholders and push for desperately-needed leadership change.”

Yahoo acknowledged in July that it did not have “appropriate coverage” to adjust to the changes in U.S. staffing needs this year, significantly affecting its second quarter revenue, TMCnet reported. Officials reported lower revenue in three categories of U.S. display revenue in its earnings call noting that the numbers were about 5 percent less profitable than the second quarter of 2010.

Want to learn more about the latest in communications and technology? Then be sure to attend ITEXPO West 2011, taking place NOW, in Austin, Texas. ITEXPO (News - Alert) offers an educational program to help corporate decision makers select the right IP-based voice, video, fax and unified communications solutions to improve their operations. It's also where service providers learn how to profitably roll out the services their subscribers are clamoring for – and where resellers can learn about new growth opportunities. To register, click here.