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Yahoo Reportedly Entertaining Offers for Minority Stake

Also Wants to Sell Off Asia Holdings

Yahoo is reportedly moving ahead with the idea of selling off a minority stake to a private equity company.

The Wall Street Journal claimed Tuesday that Yahoo wants to have a deal in place by Christmas. Otherwise it will pursue other alternatives.

The paper said Yahoo has gotten offers for a 20% stake from TPG Capital and a consortium consisting of Silver Lake Partners, Microsoft, and others. It said Andreessen Horowitz may join.

The price is supposed to be between $16 and $18, but Yahoo wants a few bucks more and is anticipating other bids. Its shares closed Tuesday at $15.70. Its board will meet Wednesday after dinner together Tuesday.

As previously reportedly Yahoo also wants to sell off its Asia holdings in Alibaba and Yahoo Japan. It's reportedly had a joint offer from Alibaba and Yahoo Japan's co-owner Softbank who would also like to buy all of Yahoo perhaps in concert with other private equity houses. Yahoo owns 40% of Alibaba and 35% of Yahoo Japan.

More Stories By Maureen O'Gara

Maureen O'Gara the most read technology reporter for the past 20 years, is the Cloud Computing and Virtualization News Desk editor of SYS-CON Media. She is the publisher of famous "Billygrams" and the editor-in-chief of "Client/Server News" for more than a decade. One of the most respected technology reporters in the business, Maureen can be reached by email at maureen(at)sys-con.com or paperboy(at)g2news.com, and by phone at 516 759-7025. Twitter: @MaureenOGara

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