Time Inc. Might Join Private Equity Firm in Yahoo Bid

Two heads have more money than one.

Time Inc. wants Yahoo, but it doesn’t quite have the firepower to do so. In an effort to solve that issue, the publisher is considering joining forces with a private equity firm to make a bid.

While Time Inc. is worth roughly $1.6 billion, Yahoo’s businesses are expected to go for several billion. That’s a big leap to take, but Time Inc. is inching closer to the edge. According to Reuters, Time Inc. has signed a non-disclosure agreement with Yahoo that forbids interested companies from communicating with each other.

Despite signing that contract, Time Inc. hasn’t selected a private equity firm. The publisher is hoping Yahoo allows partnerships after April 11, when first-round bids are due.

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