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Reports are circulating of potential suitors for a takeover of Yahoo, lifting the troubled web firm's shares and heralding major implications for the market. However, Yahoo will offer no confirmation on any of the speculation arising in recent weeks.
Reports that former AOL chief executive Jonathan Miller could be planning to buy a part of Yahoo or the entire business caused Yahoo's stock to rise by over 10 per cent this week.
Miller, who left AOL in 2006, is said to have been in talks with private investors for months in order to fund an acquisition of Yahoo at $20 to $22 ( GBP13 to GBP15) a share. The price would value Yahoo at $28bn …