The parent company of the British newspaper Daily Mail is in talks with several private firms to agree on a possible bid for Yahoo Inc reported Sunday Wall Street Journal
The potential supply of Daily Mail & amp.; General Trust PLC could take one or two ways, according to people familiar with the matter cited by the newspaper.
One scenario would be that a partner private equity acquire the web business Yahoo and Mail would take over the news and media units. The other possibility would be that the private equity firm acquires the web business and mergers media drives and news with the online operations Mail.
The units merged form a new company and would be administered by the Mail and would give a greater than its parent company shareholding that of the first alternative, according to the Wall Street Journal report. Bids for Yahoo due on April 18.
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