Article 1A9A8 By the numbers: why big-name businesses are bidding for Yahoo

By the numbers: why big-name businesses are bidding for Yahoo

by
Sam Levin in San Francisco
from Technology | The Guardian on (#1A9A8)
Story Image

Yahoo's potential new owners will inherent the third most read website in the US, but one that's bleeding money. Here's what bidders stand to gain, and lose

Who would want to acquire Yahoo? After news broke that the Daily Mail's publisher is in talks with private equity companies about a potential takeover of Yahoo, many have questioned why a news media company would be drawn to the ailing tech firm, which put its core business up for sale in February, with an 18 April deadline for bids.

AT&T and Comcast have decided against bidding, Time Inc and Google are considering it, but the Daily Mail group will have to beat out frontrunner Verizon, along with various investment firms, to get its hands on Yahoo.

Continue reading...
External Content
Source RSS or Atom Feed
Feed Location http://www.theguardian.com/technology/rss
Feed Title Technology | The Guardian
Feed Link https://www.theguardian.com/us/technology
Feed Copyright Guardian News and Media Limited or its affiliated companies. All rights reserved. 2024
Reply 0 comments