Time Inc Mulls Private Equity Partnership in Bid for Yahoo

Reuters: Time Inc. is said to be considering partnering with a private equity firm on a bid for Yahoo’s core Internet assets, as the U.S. publishing company seeks to boost its digital presence. The deliberations on finding a partner to help fund the potential deal underscore Time Inc.’s limited resources. Yahoo’s web business is estimated to be worth several billion of dollars more than Time Inc.’s market cap of $1.6 billion.