Web giant AOL and a number of venture capital firms – including Silver Lake Partners and Blackstone Group – have made signals they are interested in teaming up to acquire web portal Yahoo!, it has emerged.
As well as Silver Lake and Blackstone at least two or three other venture capital firms are interested in participating in a formal buyout.
Since CEO Carol Bartz was appointed in 2009 Yahoo! has been under pressure to improve its performance. Bartz too has come under criticism, particularly for her handling of relationships in Asia with e-commerce firm Alibaba Group in which Yahoo! has a 40pc stake as well as the high turnover of Yahoo! senior executives lately.
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Author: John Kennedy
