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Daily Mail in talks with private equity for Yahoo bid

Monday 11 April 2016 | 08:49 CET | News
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.

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Categories: Internet
Companies: Yahoo
Countries: United Kingdom / United States
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