Shares of Yahoo! (YHOO) are up 31 cents, or 2%, at $16.08 after Bloomberg’s Cristina Alesci and Brian Womack reported that private equity titans KKR and Blackstone Group are considering a bid for the company, citing multiple anonymous sources.
KKR and Blackstone join a crowded field, they note, with Yahoo! having fielded bids from Silver Lake and Providence Equity Partners, and with Chinese e-commerce firm Alibaba Group Holdings’s founder Jack Ma also reportedly considering a bid. The authors write that a group of bidders might pool their interests into a consortium.
Meantime, AOL (AOL), which just last night was the subject of rumors of a take-out by Yahoo!, is today up $1.05, or almost 8%, at $14.20.
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