Negotiations over Yahoo’s future appear to be heating up. As early as this week, the company’s board could discuss offers from interested buyers, including a proposal from Microsoft and private equity firm Silver Lake, according to The New York Times. 
Citing anonymous sources, the Times said Yahoo’s financial advisors asked would-be bidders seeking a minority stake in the company to submit their offers by the end of business on Monday. Private equity shop TPG Capital is also said to be considering a piece of the company. Under both plans, Yahoo would sell as much as 20 percent of the company, the Times said.
Other private equity firms, including Kohlberg Kravis Roberts, Hellman & Friedman, and the Blackstone Group, are also reportedly  considering bids for the company. Silicon Valley venture firm Andreessen Horowitz may also join the Silver Lake and Microsoft bidder group, the Times said.
While the company seems to be increasingly interested in a deal that would involve the sale of a minority stake to an investor or consortium of firms, the Times said Yahoo may still entertain bids for the whole company.
The Alibaba Group of China, a major Yahoo partner, has reportedly indicated interest in coming up with a proposal to buy the entire company.
Since Yahoo's board fired former CEO Carol Bartz  in September, the company has said that it is conducting a strategic review of its options. Shares in Yahoo were up about 2.3 percent to $15.69 in early afternoon trading on Tuesday.