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4/11/16

Daily Mail is joining the group of potential buyers for Yahoo

You might have heard: After laying off 15 percent of its workforce, potential bidders for Yahoo’s core internet business include Verizon, Time Inc. and Google

But did you know: The U.K.’s Daily Mail says it’s in preliminary talks to bid for Yahoo, joining a group of potential buyers that include Verizon, Time Inc. and CBS. The Wall Street Journal reports that a Daily Mail bid could take two forms: In one, a private-equity partner would acquire the whole of Yahoo’s U.S. operation, while Daily Mail takes over Yahoo’s news and media properties. In the second scenario, a private-equity firm would acquire Yahoo and merge its news and media properties into a new company with the Mail’s web properties, DailyMail.com and Elite Daily.

The post Daily Mail is joining the group of potential buyers for Yahoo appeared first on American Press Institute.



from American Press Institute http://ift.tt/1TM7sfd

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