Google funded third-party acquisition rumors stimulates Yahoo Shares rose to 3.7%
Google may be invested in helping other companies, spurred by rumors of the acquisition of Yahoo, Yahoo shares rose on Monday $ 0.59, or 3.66 percent, to close at $ 16.71.
“Wall Street Journal” last week quoted unnamed sources as saying that Google tried to buy Yahoo, with two private equity investment firm approached them partially funded the acquisition of Yahoo. But “The Wall Street Journal” Google does not disclose which companies in contact with.
Google spokeswoman Catherine Todd Hunter – Ji Boge (Katelin Todhunter-Gerberg) said the company High-Fashion Shoes would not comment on rumors and speculation. Yahoo did not comment.
Many companies interested in acquiring Yahoo. Yahoo’s board of directors sold the company in assessing the new CEO or hiring more meaningful. Alibaba is the only publicly claimed that the company intends to acquire Yahoo, and other companies interested in acquiring Yahoo, including private equity firms KKR & Co., Blackstone (Blackstone Group), Silver Lake (Silver Lake Partners), and the Silicon Valley venture capital firm Andreessen Horowitz. There are media reports that Microsoft is considering whether to finance a portion of Silver Lake to buy Yahoo.
Since the dismissal of former Yahoo CEO Carol Bartz (Carol Bartz) has stimulated the acquisition rumors have Yahoo shares rose nearly 30% of the total.
Insiders pointed out that the Internet search market dominance Google is almost impossible to participate in making the acquisition of Yahoo. Trying to reach Google and Yahoo search advertising deal by the United States Department of Justice objected that this would reduce the intensity of competition in the market. “Wall Street Journal” reports underscore that Google may not be involved in the acquisition of Yahoo deal Individual Shoes.
It is not clear whether Yahoo will sell the company. Many shareholders strong growth in Internet advertising market, the larger environment of declining revenue Yahoo dissatisfied. Yahoo’s board has not set a timetable to take the next step.
Despite the poor financial situation, but Yahoo is still an attractive takeover target because its audience up to about 700 million, and holds Alibaba and Yahoo Japan’s shares.
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