Blackstone, Bain eye Yahoo bid
Blackstone and Bain Capital are reportedly nearing a bid to buy the whole of Yahoo that could value the company at more than $20 a share. Yahoo’s associates in China and Japan, Alibaba Group and Softbank Corp., may support the private equity consortium in their bid.
Sources told Reuters that a deal has not be finalized, and Alibaba, which is predominantly looking to buy the 40% stake that Yahoo holds in Alibaba, has not decided if it will enter into a full-company...
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