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Can Buffett-backed bid help Yahoo grow?
Analysts say the renowned investor's history of betting on struggling companies that have a big consumer base could work in Yahoo's favour
In Media General's case, Mr Buffett bought many of its newspapers and provided nearly US$450 million in debt relief.
PHOTO: BLOOMBERG
San Francisco
WARREN Buffett struck media gold with a 2012 investment in debt-laden Media General Inc. Now the famed investor may try to reprise that success by supporting a bid for Yahoo Inc's Internet assets.
The Berkshire Hathaway Inc chairman is backing a consortium that...
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