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Daily Mail reportedly exploring bid to acquire Yahoo

Daily Mail reportedly exploring bid to acquire Yahoo

Last week, Yahoo extended the deadline for potential bidders to submit proposals to acquire the Silicon Valley company. Already reports have surfaced that companies like Verizon and Google are seeking to make a move, but today it seems that the parent company of the U.K.-based Daily Mail is in talks with private equity firms to make its own bid for Yahoo.

Things are getting interesting.

The Wall Street Journal reports that if the Daily Mail actually submits a bid, it could take one of two forms: A private equity partner would acquire Yahoo’s core web business, with the Daily Mail taking over the news and media properties, or the private equity partner would acquire Yahoo’s core web business and merge the media and news properties into the Daily Mail’s online operations.

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