Google said about the possibile buying of Yahoo.
Google Inc has spoken to at least two private equity firms about possibly helping them finance a deal to buy Yahoo Inc’s core business. Google and prospective partners have held early-stage discussions, but haven’t assembled a formal proposal. Any involvement by Google in a Yahoo acquisition would likely draw antitrust scrutiny from regulators, because of both companies shares in the Internet search business. Google is interested in selling some advertising across Yahoo’s websites, the Wall Street Journal said, citing people familiar with the matter. Yahoo has been in a state of chaos since it fired former CEO Carol Bartz in early September. A number of potential buyers have expressed interest in a deal with Yahoo. Private equity firms Silver Lake Partners, Providence Equity Partners, Bain Capital, Hellman & Friedman, Blackstone Group, and KKR are among those likely to get a look at the limited financial data Yahoo’s advisers are circulating.
