Get our introductory offer at only
$0
.99*/month
Cancel anytime
*$0.99/month for first 3 months
$29.90/month for the next 9 months
You are here
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...
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
