The last is not yet heard on the sale of Yahoo, perhaps the most popular tech company sale of the year.
One of UK’s most popular news site with a printed version, Daily Mail is murmuring its plan to also bid for Yahoo. We had reported last we that Verizon Communication Inc. (the parent company of AOL) and Google, Microsoft Corp, Time Inc. including private equity firms such as TPG, KKR and 40 other unnamed companies are said to be bidding for Yahoo.
According to a statement made to Wall Street Journal, Daily Mail & General Trust PLC confirmed the news of its bid saying “Given the success of DailyMail.com and Elite Daily, we have been in discussions with a number of parties who are potential bidders”.
DailyMail is a very popular website in the UK and has also entered the US markets where its website gets over 60 million unique users monthly.
Yahoo had fixed the close of bids to today (11th of April, 2016), but it has shifted the date with no reason for the shift.