| Daily Mail says it has not submitted bid for Yahoo | |
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LONDON (AP) -- The owner of Britain's Daily Mail newspaper says it has not submitted a bid to purchase the U.S. internet company Yahoo.
The Daily Mail and General Trust PLC says that it remains in discussions with parties "who may potentially be interested in Yahoo."
Yahoo is under intense pressure to revive its fortunes even as advertisers pour money into digital marketing, with much of the business flowing to competitors like Google and Facebook.
Shares of Yahoo rose a further 3.2 percent Wednesday. Yahoo's shares have spiked nearly 30 percent since the company announced two months that it had formed a committee to consider a sale of its Internet operations
The Daily Mail is one of the 10 most visited newspaper websites in the world according to the Pew Research Center.
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Daily Mail & General Trust
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CODE : DMGT.L |
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ISIN : GB0009457366 |
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Dly Mail & Gen TST is based in United kingdom. Dly Mail & Gen TST is listed in United Kingdom. Its market capitalisation is GBX 92.4 billions as of today (US$ 110.5 billions, € 97.3 billions). Its stock quote reached its highest recent level on December 15, 2000 at GBX 997.50, and its lowest recent point on January 07, 2022 at GBX 270.00. Dly Mail & Gen TST has 342 204 000 shares outstanding. |