∞ Yahoo Said to Hire Goldman to Handle Takeover Approaches
From Bloomberg :
Yahoo! Inc., which spurned an unsolicited offer from Microsoft Corp. in 2008, is working with Goldman Sachs Group Inc. to help defend against possible takeover approaches, said three people familiar with the matter.
While the Sunnyvale, California-based company hasn’t received an offer, Yahoo has been working with advisers for about two weeks to field any approach, said the people, who asked not to be named because the talks are private. AOL Inc. has talked with private-equity funds including Silver Lake about a possible bid, two people familiar with the matter said.
