BLACK FRIDAY GUIDE: Early Shopping Spots •  Hot Toys • Traffic Map • TV Buying Guide • Take A Free Hike

Google Mulls Possible Role In Yahoo Bid

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)

blog comments powered by Disqus
Guide To The Holidays
Shine A Light On The Holiday Season With ‘Giving Tuesday’

Listen Live