KKR Interested In Participating In Yahoo! Takeover
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In addition to reports that private equity investors have approached Jack Ma, the founder of Alibaba Group, about partnering to acquire Yahoo! (Nasdaq: YHOO), there are separate reports from the New York Post that KKR (NYSE: KKR) is interested in either taking Yahoo! private or helping finance a deal.
KKR's interest is reportedly separate from the private equity preliminarily talks with AOL's (NYSE: AOL) about a Yahoo! tie-up.
"The Valley is convinced Yahoo! will be sold. The blood is in the water," said an insider quoted in the article. "Yahoo! is in play."
Shares of Yahoo! are up 5% in pre-open trading today.
KKR's interest is reportedly separate from the private equity preliminarily talks with AOL's (NYSE: AOL) about a Yahoo! tie-up.
"The Valley is convinced Yahoo! will be sold. The blood is in the water," said an insider quoted in the article. "Yahoo! is in play."
Shares of Yahoo! are up 5% in pre-open trading today.
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