Yahoo Rumblings Pick Up

Started by InfoGuru, Dec 03, 2011, 07:02 AM

InfoGuru

 The chatter around a Yahoo deal increased on Tuesday and Wednesday as potential buyers and investors starting lining up. It appears Yahoo will be considering a deal to acquire a minority stake in the company by year's end. Offers for roughly 20 percent of the company reportedly came in this week from a number of interested parties, including private equity firm TPG Capital, as well as a group made up of Silver Lake Partners, Microsoft and others. The bids were said to put a value on Yahoo at $16 and $18 per share, but Yahoo is apparently seeking a higher price.

Attribution: CNET, ECTNews and TechCrunch.