Google Purportedly Considers Yahoo Bid

We heard earlier that Microsoft was interested in bidding for the troubled Yahoo, but now we have come to know that there is another potential buyer for the Yahoo as well, the search giant Google.

According to Wall Street Journal, Google has been in talks with two private equity firms over a joint bid for Yahoo’s core business. However, Google and prospective partners haven’t yet put forth a formal bid to purchase the yahoo, reported Wall Street Journal, citing an unknown source.

Recently, the board dismissed the CEO of the company Carol Bartz and since then, the company has been mulling a sale. There have been also rumors regarding a mooted merger of Yahoo with AOL. In a meanwhile, we have also come to know that Yahoo is thinking over offering its interests in Asian markets individually. Since the board fired CEO, the new CEO is yet to be announced.

Yahoo is obviously not enjoying its status in the current settings of the Internet and under such a difficult time considering a sell off is certainly not an unexpected act. However, if the search giant, Google takes any initiative, it would definitely raise red flags among antitrust regulators – not to forget the Federal Trade Commission (FTC) is already carrying out investigations against the search giant in the United States.

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