Yahoo receives interest from possible bidders

“Yahoo Inc. has been contacted by potential bidders for some or all of the Internet company, even as it focuses on stabilizing its executive ranks and bolstering its online-ad business, people familiar with the matter said,” Amir Efrati and Joann S. Lublin report for The Wall Street Journal.

“Executives at private-equity firm Silver Lake Partners are among the potential bidders that have called Yahoo directors about a possible deal, but Yahoo hasn’t met with the firm, one of the people familiar with the matter said. It wasn’t clear precisely what Silver Lake proposed,” Efrati and Lublin report. “Yahoo has signaled potential suitors that it isn’t under pressure to make a deal quickly, a person familiar with the situation said.”

Read more in the full article here.
 

[Thanks to MacDailyNews Reader “Lynn Weiler” for the heads up.]


7 Comments

Reader Feedback

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Tags: