[Reuters] Ex-AOL boss looking to raise cash for Yahoo bid

Posted by: UGN Security

[Reuters] Ex-AOL boss looking to raise cash for Yahoo bid - 12/02/08 04:29 PM

NEW YORK (Reuters) - Former AOL Chief Executive Jonathan Miller is seeking as much as $30 billion from investors to buy all or part of Yahoo Inc, The Wall Street Journal reported on Tuesday, boosting shares of the Web search engine by 7 percent.