Potential Buyers Circle Yahoo
Silver Lake, Microsoft, Alibaba Group all considering bid
In the wake of Yahoo’s Carol Bartz fiasco, the fallen Internet giant has attracted the interest of a number of potential buyers, and its board has begun preparing for a sale, according to the New York Times.
One potential buyer is the private equity firm Silver Lake, which has already approached Yahoo about a possible bid, sources said. Silver Lake is working with Andreessen Horowitz and has been “quietly studying” a bid for the past six months, those sources said.
WORK SMARTER - LEARN, GROW AND BE INSPIRED.
Subscribe today!
To Read the Full Story Become an Adweek+ Subscriber
Already a member? Sign in