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Internet

Ex-AOL CEO Miller in financing talks on Yahoo! bid - report

Wednesday 3 December 2008 | 12:29 CET | News
Former AOL CEOJonathan Miller is talking to investors about raising money to purchase all or part of Yahoo!. Miller, who ran AOL from 2002 to 2006, has been sounding out private-equity investors and sovereign-wealth funds for months, people familiar with the matter told the Wall Street Journal. According to the paper's sources, it's unclear where the talks stand. Miller believes he can fashion a deal that would be worth about USD 20-22 a share, which would involve raising about USD 28-30 billion to purchase the entire company. Both Miller and Yahoo! declined to comment. Miller, a partner at

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Categories: Internet
Companies: Yahoo!
Countries: World
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