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Microsoft looking to back future Yahoo buyer - report
2016-03-25 10:35:00| Telecompaper Headlines
(Telecompaper) Microsoft executives have reportedly been meeting with private equity firms thinking about bidding for Yahoo, telling them it might be willing to lend significant financing to their efforts, Recode reported, citing sources. This week, sources said Yahoo began engaging with "strategic" bidders that include AT&T, Verizon and Comcast. PE and other investment firms will come next, the sources said, and those interested include Advent International, Vista Equity Partners, TPG, KKR and others. Microsoft is reportedly interested in providing financing because it wants to ensure that if Yahoo is sold, whoever buys it will be a good partner going forward.
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Category:Telecommunications