Who will buy Yahoo?
Once upon a time, Internet portal Yahoo was one of the hottest properties online. All this changed when the dot com bubble burst.
Founder Jerry Yang turned down an offer from Microsoft. Subsequently, he was booted from his own company.
Carol Bartz, who replaced Yang as CEO, tried to save costs by laying off workers. She didn’t last long in the job herself.
Now there’s a rumor Google is looking to finance a buyout of Yahoo through two private equity firms.
Alibaba and Microsoft could also be interested in acquiring what’s left of Yahoo. But whoever wins, Google will still dominate the search market.