Saturday, October 22, 2011

Google buying Yahoo!?

The Wall Street Journal, reports that the search engine giant Google is in talks with at least two private equity firms to help them finance a deal to buy Yahoo. It seems like the talks are in very early stages, so don't expect their marriage anytime soon.

Yahoo's board recently sacked CEO Carol Bartz and Yahoo! for sale rumors have been floating for a while. Any deal tying two of the biggest Internet companies would be sure to attract antitrust scrutiny. Yahoo hasn't been able to increase revenue even as the Internet ad market grows by more than 20% annually.

Source: WSJ


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