X
Edition:
United States

  • Business
    • Business Home
    • Legal
    • Deals
    • Aerospace & Defense
    • Finance
    • Autos
    • Reuters Summits
  • Markets
    • Markets Home
    • U.S. Markets
    • European Markets
    • Asian Markets
    • Global Market Data
    • Indices
    • Stocks
    • Bonds
    • Currencies
    • Comm & Energy
    • Futures
    • Funds
    • Earnings
    • Dividends
  • World
    • World Home
    • U.S.
    • Special Reports
    • Reuters Investigates
    • Euro Zone
    • Middle East
    • China
    • Japan
    • Mexico
    • Brazil
    • Africa
    • Russia
    • India
  • Politics
    • Politics Home
    • Election 2016
    • Polling Explorer
    • Just In: Election 2016
    • What Voters Want
    • Supreme Court
  • Tech
    • Technology Home
    • Science
    • Top 100 Global Innovators
    • Environment
    • Innovation
  • Commentary
    • Commentary Home
    • Podcasts
  • Breakingviews
    • Breakingviews Home
    • Breakingviews Video
  • Money
    • Money Home
    • Retirement
    • Lipper Awards
    • Analyst Research
    • Stock Screener
    • Fund Screener
  • Life
    • Health
    • Sports
    • Arts
    • Entertainment
    • Oddly Enough
    • Faithworld
  • Pictures
    • Pictures Home
    • The Wider Image
    • Photographers
    • Focus 360
  • Video
Google, PE firms mull bid for Yahoo: WSJ
  • Africa
    América Latina
  • عربي
    Argentina
  • Brasil
    Canada
  • 中国
    Deutschland
  • España
    France
  • India
    Italia
  • 日本
    México
  • РОССИЯ
    United Kingdom
  • United States
Technology News | Sat Oct 22, 2011 3:35pm EDT

Google, PE firms mull bid for Yahoo: WSJ

People ride their bikes past Google Inc. headquarters in Mountain View, California, May 8, 2008.     REUTERS/Kimberly White
People ride their bikes past Google Inc. headquarters in Mountain View, California, May 8, 2008. REUTERS/Kimberly White

Google Inc has spoken to at least two private equity firms about possibly helping them finance a deal to buy Yahoo Inc's core business, The Wall Street Journal reported on Saturday, citing a person familiar with the matter.

Google and prospective partners have held preliminary discussions but have not come up with a formal proposal, and Google may end up deciding not to pursue a bid, the source said.

It is not clear which private equity firms Google has spoken to, the WSJ said.

Representatives of Google could not immediately be reached for comment.

Any potential deal between the two biggest Internet companies would likely arouse antitrust scrutiny.

Google is interested in selling some advertising across Yahoo's websites, the Journal said, citing people familiar with the matter.

Microsoft Corp is now considering financing part of a bid for Yahoo by a private equity firm, people familiar with the matter have said.

Yahoo has been in a state of chaos since it fired former CEO Carol Bartz in early September. The company retained investment banking firm Allen & Co to help conduct a "strategic review" of its business and is reportedly working with executive search firm Heidrick & Struggles to find a new CEO.

A number of potential buyers have expressed interest in a deal with Yahoo. Private equity firms Silver Lake Partners, Providence Equity Partners, Bain Capital, Hellman & Friedman, Blackstone Group, and KKR are among those likely to get a look at the limited financial data Yahoo's advisers are circulating.

(Reporting by Matthew Lewis in Chicago; Editing by Vicki Allen)

Trending Stories

    Editor's Pick

    LIVE: Election 2016

    Sponsored Topics

    Next In Technology News

    Japanese truck driver playing Pokemon Go kills pedestrian

    TOKYO A Japanese truck driver playing Pokemon Go while driving hit two women, killing one and injuring the other, in Japan's first death related to the Nintendo Co craze.

    U.S. banking regulators focused on cyber security after SWIFT attacks

    WASHINGTON U.S. banking regulators said on Wednesday they are focused on cyber security risks and controls for U.S. financial institutions after attacks earlier this year involving the global financial network known as SWIFT.

    Orange denies media report on deal with Vivendi on Telecom Italia

    PARIS French telecoms operator Orange denied on Wednesday having reached a deal with Vivendi that would include taking stakes in the media giant's pay-TV Canal Plus and in Telecom Italia, following an online report by French magazine Challenges.

    MORE FROM REUTERS

    From Around the Web By Taboola

    Sponsored Content By Dianomi

    X
    Follow Reuters:
    • Follow Us On Twitter
    • Follow Us On Facebook
    • Follow Us On RSS
    • Follow Us On Instagram
    • Follow Us On YouTube
    • Follow Us On LinkedIn
    Subscribe: Feeds | Newsletters | Podcasts | Apps
    Reuters News Agency | Brand Attribution Guidelines | Delivery Options

    Reuters is the news and media division of Thomson Reuters. Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Learn more about Thomson Reuters products:

    Eikon
    Information, analytics and exclusive news on financial markets - delivered in an intuitive desktop and mobile interface
    Elektron
    Everything you need to empower your workflow and enhance your enterprise data management
    World-Check
    Screen for heightened risk individual and entities globally to help uncover hidden risks in business relationships and human networks
    Westlaw
    Build the strongest argument relying on authoritative content, attorney-editor expertise, and industry defining technology
    ONESOURCE
    The most comprehensive solution to manage all your complex and ever-expanding tax and compliance needs
    CHECKPOINT
    The industry leader for online information for tax, accounting and finance professionals

    All quotes delayed a minimum of 15 minutes. See here for a complete list of exchanges and delays.

    • Site Feedback
    • Corrections
    • Advertise With Us
    • Advertising Guidelines
    • AdChoices
    • Terms of Use
    • Privacy Policy