Warren Buffett Joins Bidding War For Yahoo
Berkshire Hathaway Inc. Chairman Warren Buffett has joined the bidding war for Yahoo’s internet assets. Reuters reported on Friday that the billionaire is backing a consortium which includes Quicken Loans Inc. founder Dan Gilbert.
The consortium is in the second round of bidding in the auction for Yahoo’s assets sources said. Yahoo has a shortlist of about 10 bidders for the auction of its assets.
Very exciting. Should be an interesting year for Yahoo!