Google Parent May Try to Buy Yahoo?

Chris CrumBusiness, WebProBusiness

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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

Chris Crum
Chris Crum has been a part of the WebProNews team and the iEntry Network of B2B Publications since 2003. Follow Chris on Twitter, on StumbleUpon, on Pinterest and/or on Google: +Chris Crum.