Yahoo! is reportedly target of a purchase by AOL and several
private equity firms, The Wall Street Journal reported
Yahoo! shares gained 4.46 percent on Wall Street to close at
The newspaper said Silver Lake Partners and Blackstone Group
are among the firms that have expressed interest in either
teaming up with AOL to buy Yahoo! or trying to take it private
on their own.
This is not the first time Yahoo! is target of a purchase.
The company rejected a 47-billion-dollar takeover bid by
Microsoft two years ago.