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Yahoo! US tipped target of $6bn buy-out bid

Yahoo! US tipped target of $6bn buy-out bid Created by MG1 on Nov 30, 2011

Yahoo! could have finally found a buyer, for its US business at least, with reports that a private equity firm is considering a $5bn-6bn bid for the beleaguered giant. Thomas H. Lee Partners’ US-centric strategy differs from that of rivals, Reuters‘ sources claim, which are considering staged minority investments of around 20-percent; that would keep them under the trigger for shareholder approval, allowing Yahoo!’s board greater flexibility in choosing its new partners. »read more

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