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Daily Mail Parent In Talks With Private Equity For Yahoo Bid


Ron Burgundy
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A Yahoo logo is pictured in front of a building in RolleBritain's Daily Mail is in talks with potential partners to mount a joint bid for Yahoo's internet assets, eyeing a plan to buy the troubled U.S. Internet pioneer to help boost advertising revenues from the Mail's globally popular online news site. The parent company of the British newspaper, the Daily Mail & General Trust, said on Monday that it was in early stage discussions with several parties about a possible bid for Yahoo, confirming a Wall Street Journal report it had approached private equity buyers to team up. "We have been in discussions with a number of parties who are potential bidders," a spokeswoman for DailyMail.com said in an emailed statement, declining to name the private equity firms or give any financial details.




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