UK's Daily Mail explores bid for Yahoo

The parent company of British newspaper and global tabloid website the Daily Mail is reportedly in talks with private equity firms about a possible bid for Yahoo, sources told Dow Jones Newswires.

Daily Mail & General Trust PLC is among a pool of some 40 firms who have expressed interest in Yahoo's businesses. Yahoo has set an April 18 deadline for bids.

The Daily Mail's bid could go one of two ways. A private equity partner could acquire entirety of Yahoo's core web business, with the Mail taking over the news and media properties. The other scenario calls for a private equity firm to acquire Yahoo's core Web business and merge its media and news properties with the Mail's online operations.

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