Rumors about Yahoo takeover
According to rumors, AOL is reportedly considering a takeover of Yahoo in partnership with financial investors. The hope is that the two Internet companies could better compete against Google in the advertising market if they joined forces.
AOL could receive support from private equity fund Silver Lake Partners and other financial investors in a potential takeover. This was reported by the Wall Street Journal and other US media according to NZZ. One option would be the prior sale of the 30 percent stake from Chinese online retailer Alibaba, which could raise up to 11 billion. This would facilitate a takeover of the rest of the company.
The takeover rumors about Yahoo have driven up the share prices of both companies.
The takeover rumors about Yahoo have driven up the share prices of both companies.
