Yahoo May Receive $25 Billion Buyout Bid From Consortium

Yahoo could still be able to close a hefty deal worth $25 billion after a consortium that includes Alibaba Group has shown interest to make a bid for the troubled search giant.
On Wednesday, the ailing firm first received a bid from a consortium led by Silver Lake, which included business partner and former bidder Microsoft, valuing Yahoo at around $20 billion.
Just one day after the offer, another consortium led by Blackstone Group and Bain Capital that includes Alibaba Group is mulling a new …

Blackstone Group gets on Twitter

Buy out companies have not been as quick to establish a presence on social networking websites like Twitter and Facebook. That may be changing because today Blackstone Group, the financial services company that specializes in mergers and acquisitions, announced it has established its official presence on Twitter and posted its first ever tweet.
A source familiar with Blackstone Group said the company has not yet established a presence on Facebook or YouTube, but is studying how it may best use …