UK’s Daily Mail in early talks over bid for Yahoo

FILE - This Jan. 14, 2015, file photo shows a sign outside Yahoo's headquarters in Sunnyvale, Calif. The owner of Britain’s Daily Mail is in early discussions over a bid for ailing U.S. internet company Yahoo. The Wall Street Journal first reported Sunday, April 10, 2016, that the media company is speaking with private equity firms about an offer. (AP Photo/Marcio Jose Sanchez, File) FILE - This Jan. 14, 2015, file photo shows a sign outside Yahoo's headquarters in Sunnyvale, Calif. The owner of Britain’s Daily Mail is in early discussions over a bid for ailing U.S. internet company Yahoo. The Wall Street Journal first reported Sunday, April 10, 2016, that the media company is speaking with private equity firms about an offer. (AP Photo/Marcio Jose Sanchez, File)

By Associated Press April 11, 2016 3 min read

The owner of Britain’s Daily Mail newspaper and media group is in early talks over a bid for the ailing U.S. internet company Yahoo.

A spokesman for the DailyMail.com said Sunday that, given the success of its site and Elite Daily, it has “been in discussions with a number of parties who are potential bidders.” He said the talks are in a very early stage and there is no certainty any transaction will take place.

Yahoo did not respond to a request for comment.

The Wall Street Journal first reported that the Daily Mail was speaking with private equity firms about an offer.

Yahoo is under intense pressure to revive its revenue growth and activist investor Starboard Value, a big stakeholder, is pushing for a change in leadership.