Can Buffett-backed bid unlock Yahoo growth?


Warren Buffett, chairman and CEO of Berkshire Hathaway, prepares to speak at the Fortunes Most Powerful Womens Summit in Washington October 13, 2015. REUTERS/Kevin Lamarque/File Photo

SAN FRANCISCO: Warren Buffett (pic) 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 includes Quicken Loans Inc founder Dan Gilbert, that is seeking to buy Yahoo’s online portfolio, Reuters reported.

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Business , it , warren , buffett , yahoo , growth , Berkshire , Hathaway ,

   

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