Yahoo! (YHOO) Moves Up As Deal Speculation Grows
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Yahoo! Inc. (nASDAQ: YHOO) has been moving higher into the close on reports from All Things D that the company is in fact for sale and bidders are circling.
From the report:
Among the possible players: Silicon Valley venture firm Andreessen Horowitz, which is working with Silver Lake, in a deal that also might include Russia’s DST and Yahoo’s Japanese partner Masa Son; former News Corp. exec Peter Chernin, who is partnered with Providence Equity Partners; and the possibility that Yahoo’s Chinese partner, Alibaba Group, might consider entering the fray in what could be a merger of sorts.
Also being rung up by some of the parties: Microsoft — Yahoo’s advertising and search partner — which is being seen as a possibly moneybags in any deal.
Shares of Yahoo are up 3.7 percent into the close.
From the report:
Among the possible players: Silicon Valley venture firm Andreessen Horowitz, which is working with Silver Lake, in a deal that also might include Russia’s DST and Yahoo’s Japanese partner Masa Son; former News Corp. exec Peter Chernin, who is partnered with Providence Equity Partners; and the possibility that Yahoo’s Chinese partner, Alibaba Group, might consider entering the fray in what could be a merger of sorts.
Also being rung up by some of the parties: Microsoft — Yahoo’s advertising and search partner — which is being seen as a possibly moneybags in any deal.
Shares of Yahoo are up 3.7 percent into the close.
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