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Tech

Google Mulls Possible Role In Yahoo Bid

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MOUNTAIN VIEW (CBS/AP) — Google is exploring the possibility of helping to finance a possible deal by others to acquire Yahoo.

That’s according to a published report by the Wall Street Journal on Saturday.

Google Inc. has talked to at least two-private equity firms about potentially assisting them to finance a deal to buy Yahoo Inc.’s core business, according to the story, which cited a person familiar with the matter, and did not identify the source.

The Journal said Google and prospective partners have held early-stage discussions, but haven’t assembled a formal proposal.
The source said Google may not end up pursuing a bid.

Messages that The Associated Press left on Saturday seeking comment from representatives of Google and Yahoo were not immediately returned.

(Copyright 2011 by CBS San Francisco. All Rights Reserved)

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