Jon Miller - ideal CEO candidate for Yahoo

If he doesn't buy the portal for $30 bln, he'd still be good at leading it Ex-AOL Chief Jonathan Miller is considering buying some or all of Yahoo in a deal that could value the company at twice its value today. Miller runs a private equity firm, Velocity Interactive Group, with Ross Levinsohn, former head of Fox Interactive Media. According to the Wall Street Journal: Mr. Miller has been talking to private equity investors and sovereign wealth funds for months in hopes of raising money for a Yahoo deal, and it is unclear whether the talks have progressed or are just continuing, these people say. Mr. Miller believes he can do a deal that would be worth around $20 to $22 a share to Yahoo shareholders, these people say, which would involve raising about $28 billion ... [ Read more ]

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Vator TV | December 2, 2008

Tags:. .bln. .sovereign. .unclear. .velocity. .shareholders