Saturday, October 22, 2011

Report: Google mulling role in possible Yahoo bid

Google is exploring the possibility of helping to finance a possible deal by others to acquire Yahoo. That's according to a published report by the Wall Street Journal on Saturday.

Google Inc. has talked to at least two-private equity firms about potentially assisting them to finance a deal to buy Yahoo Inc.'s core business, according to the story, which cited a person familiar with the matter, and did not identify the source.

The Journal said Google and prospective partners have held early-stage discussions, but haven't assembled a formal proposal. The source said Google may not end up pursuing a bid.

Messages that The Associated Press left on Saturday seeking comment from representatives of Google and Yahoo were not immediately returned.

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/f70471f764144b2fab526d39972d37b3/Article_2011-10-22-Google-Yahoo/id-cb427b6da1c94a0faa49be82d6382b4e

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