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Silver Lake and Microsoft to bid for 20% stake of Yahoo?

Silver Lake, a private-equity firm, is working with Microsoft Corp. to bid for a minority stake in Yahoo!, according to a news report.

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Bloomberg reports that Andreessen Horowitz, a venture-capital firm, is also weighing a possible bid for Yahoo and hasn’t decided whether to join the Silver Lake-led group, said another person, who asked not to be identified because the deliberations are private.
Both plans involve taking a stake of up to 20% in Yahoo, according to a separate report in the New York Times. Yahoo’s advisers have asked that bids be submitted this week.
KKR & Co. and Blackstone Group LP are among the private- equity firms considering possible bids for Yahoo, people with knowledge of the matter said last month.
Alibaba Group Holding, China’s biggest e-commerce company, has said it’s interested in acquiring Yahoo, in part to buy back a stake the company owns.
With a holding of about 40 percent, Yahoo is Alibaba’s biggest investor.

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