Attractive stock: Yahoo Inc's shares look appealing because the company's estimated asset value is nearly US$48 (RM211.14) a share. — Reuters
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 includes Quicken Loans Inc founder Dan Gilbert, that is seeking to buy Yahoo's online portfolio, Reuters reported on May 13.
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