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Saturday 22 October 2011

Google exploring Yahoo buy?

Google is exploring the possibility of partnering to buy Yahoo, according to a report.
The search site and advertising purveyor has talked to at least two private-equity firms about helping them bankroll a deal to buy Yahoo's core business, says The Wall Street Journal, which cites "a person familiar with the matter."

The talks are early-stage, no formal proposal has been worked out, Google may not wind up pursuing the buy, and it's not clear which private equity firms are involved, the Journal said. Still, the idea of the currently reigning search giant buying the deposed search giant is intriguing, as is the possibility of two of the Web's biggest companies coming together--a possibility that, as the Journal notes, would no doubt pique the interest of antitrust regulators.   Full Read

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