Time Inc Said to Consider PE Partner for Yahoo Bid: Reuters
Source: BFW (Bloomberg First Word)
Tickers
YHOO US (Yahoo! Inc)
TIME US (Time Inc)
6821Z US (Bain Capital Partners LP/MA)
6902Z US (Hellman & Friedman LLC)
8818Z US (TPG Capital Management LP)
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UUID: 7947283
(Bloomberg) -- Time Inc is said to consider partnering with a PE firm on bid for Yahoo’s core Internet assets, Reuters reports, citing unidentified people familiar.
Alert: HALISTER- Time hopes that Yahoo will allow bidders to form consortia after 1st-round bid submission due April 11
- Time hasn’t selected any PE as potential partner
- PE firms weighing bids include Blackstone, KKR, TPG, Apax Partners, Warburg Pincus, Bain Capital and Hellman & Friedman
- Spokespeople for Yahoo, Time and the PE firms declined to comment: Reuters
Source: BFW (Bloomberg First Word)
Tickers
YHOO US (Yahoo! Inc)
TIME US (Time Inc)
6821Z US (Bain Capital Partners LP/MA)
6902Z US (Hellman & Friedman LLC)
8818Z US (TPG Capital Management LP)
To de-activate this alert, click here
UUID: 7947283