Yahoo cofounder Jerry Yang is trying to arrange a private equity deal for Yahoo that would take the company off the public markets.
Reuters reports that private equity firms potentially interested in the deal include Bain Capital, Silver Lake Partners, and Hellman and Friedman.
Microsoft has also been taking a look at investing in Yahoo, but a source with knowledge of Microsoft’s M&A strategy tells Business Insider that a full buyout is not in the cards at this time.
Alibaba leader Jack Ma recently said he was very interested in buying Yahoo. Yahoo owns a stake in Alibaba.
Reuters reports that Yang and his cofounder David Filo want to roll over their stakes in Yahoo as part of the deal. Yang owns about 3.63% of the company as of April 2, while Filo has 5.60% as of May 11.