Google(GOOG) is considering participating in a bid for troubled Internet search pioneer
Yahoo!(YHOO), according to a published media report.
Google has held talks with at least two private-equity firms about helping them to finance a purchase of Yahoo!'s core business, according to the report, published Saturday on
The Wall Street Journal's Web site.
Citing an anonymous source familiar with the situation, the report said discussions are at an early stage and that participants have yet to make a formal proposal. It was unclear which private-equity firms participated in the discussions, the report also said.
Yahoo! has been exploring selling itself since its board ousted former CEO Carol Bartz in September. The company has failed to tap recent growth in Internet advertising, ceding market share to rivals such as Google.
There have been recent reports that other potential suitors, including
Alibaba GroupChairman Jack Ma and
Microsoft(MSFT), were mulling Yahoo! deals.
Shares of Google finished Friday up $6.82, or 1.2%, at $590.49.
Shares of Yahoo! ended the session down 6 cents, or 0.4%, at $16.12.
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