Daily Mail in talks with private equity for Yahoo bid

News Broadband United Kingdom 11 APR 2016
Daily Mail in talks with private equity for Yahoo bid
The publisher of the UK newspaper Daily Mail has confirmed it is in talks with private equity companies about a takeover of Yahoo, the Guardian reports. The Daily Mail and General Trust, the parent company of the Daily Mail, confirmed that it has approached companies interested in a potential bid for Yahoo. 

Already the top news site in the UK, the Daily Mail has been focusing its growth efforts on expansion in the US. A spokesman for DMGT said the talks with potential bidders for Yahoo were at a "very early stage" and there is no certainty that any transaction will take place. A deal could see the Daily Mail take over Yahoo's news websites and leave the other assets to the private equity companies. 

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Internet

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Yahoo

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United Kingdom,  United States

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M&A buyouts & divestments

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