The outfit’s share price is now so low it seems that everyone in the world is considering buying it out.
According to the Wall Street Journal, Google has chatted to at least two private-equity firms about potentially helping them finance a deal to buy Yahoo’s core business. Google’s interest is to sell advertising across Yahoo’s websites and to push Google+ to Yahoo’s audience of nearly 700 million unique visitors a month.
At the moment everything is in its early stages and it is impossible to tell how serious the search engine really is.
We would have thought that if Google did buy the outfit, the world would be full of the sound of regulators sharpening their knives before pouncing.
The Google buy out deal is just one of many we have heard of since Yahoo’s board fired Carol Bartz in September.
Jack Ma, CEO of Alibaba, the China-based internet company in which Yahoo owns a roughly 40 per cent stake, recently said he was interested in buying Yahoo.
Microsoft is also thinking of a joint bid, as soon as it can find some really good stuff and someone to partner up with.
Vole’s plan is loan cash to its deal partners and buy preferred stock in Yahoo so that it does not have so much risk.