Report: British newspaper parent may bid for Yahoo

April 11, 2016 12:03 AM

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Report: British newspaper parent may bid for Yahoo

The parent company of one of the United Kingdom's best-known newspapers, the Daily Mail, is talking to private equity firms about making a bid for Yahoo, the Wall Street Journal is reporting based on anonymous sources.

Daily Mail & General Trust and its associates would become one potential bidder out of what may become several as Yahoo's April 18 deadline for bids now only about a week away. The bid would encompass Yahoo's core web business, including Yahoo Finance and Sports, the Journal reports.

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