The Daily Mail is exploring a bid for Yahoo
The U.K.’s Daily Mail has emerged as a suitor for Yahoo Inc.’s assets, joining a wide group of interested companies that includes telecom giant Verizon Communications Inc. as an April 18 deadline for preliminary offers nears, according to people familiar with the matter.
A possible bid by Daily Mail could take one of two forms, the people familiar with the matter said.
In one scenario, a private-equity partner would aim to acquire the entirety of Yahoo’s U.S. operation, with the Mail taking over the news and media properties.
In the other scenario, the private-equity firm would acquire Yahoo and merge its media and news properties into a new company that would include the Mail’s Web properties, DailyMail.com and Elite Daily, the people said.
A possible bid by Daily Mail could take one of two forms, the people familiar with the matter said.
In one scenario, a private-equity partner would aim to acquire the entirety of Yahoo’s U.S. operation, with the Mail taking over the news and media properties.
In the other scenario, the private-equity firm would acquire Yahoo and merge its media and news properties into a new company that would include the Mail’s Web properties, DailyMail.com and Elite Daily, the people said.
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