Request Media Kit

Google Parent May Try to Buy Yahoo?

Google parent Alphabet (formerly Google) is considering bidding on Yahoo as the deadline for first-round bids approaches. This is particularly interesting considering that regulators shut down a poten...
Google Parent May Try to Buy Yahoo?
Written by Chris Crum
  • Google parent Alphabet (formerly Google) is considering bidding on Yahoo as the deadline for first-round bids approaches. This is particularly interesting considering that regulators shut down a potential Google/Yahoo partnership years ago.

    Bloomberg reports that Verizon intends to make a first-round bid next week, and citing a different source, shares the Google news (which comes from a different, unnamed source).

    Citing yet another source, it says AT&T, Comcast, and Microsoft have all decided not to bid for now. The report says:

    Time Inc. is still evaluating a bid, while private equity funds Bain and TPG — among others — are also planning to make a run at the business, either alone or by backing a strategic acquirer, the people said. While the buyout firms haven’t yet paired themselves with a strategic buyer, they are open to the idea of doing so, the people said.

    IAC/Interactive Corp., News Corp, and Disney have all been mentioned as potential suitors at one time or another.

    The due date for first-round bids is April 11.

    Image via Wikimedia Commons

    Get the WebProNews newsletter delivered to your inbox

    Get the free daily newsletter read by decision makers

    Subscribe
    Advertise with Us

    Ready to get started?

    Get our media kit