With potential buyers circling above, Yahoo, the once-mighty online empire, is preparing to sell.
The technology giant, which is weighing a sale of all or parts of its business, has attracted the attention of several buyout shops and strategic investors, including the private equity firm Silver Lake, which has approached Yahoo about a potential bid, the New York Times reported, citing unnamed sources.
Silver Lake, which is working with the venture firm Andreessen Horowitz, has been quietly studying a possible bid for six months, one person said. Other potential bidders for Yahoo or its assets include Microsoft and the Alibaba Group.
Full story: Yahoo draws interest from crowd of possible buyers.