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Jonathan Miller, one of the brace would-be leaders named in the weekend’s widely discredited Yahoo romance from The Sunday Times of London, is afresh in the headlines. This time, the former AOL CEO is declared to be drumming up investors to purchase everything or part of Yahoo, according to unnamed sources quoted by The Wall Street Journal.

“Mr. Miller has been talking to private equity investors and sovereign wealth funds for months in hopes of raising currency notwithstanding a Yahoo deal, and it is unclear whether the talks have progressed or are merited continuing, these people say.

“Mr. Miller believes he can do a deal that would be worth around $20 to $22 a share to Yahoo shareholders, these populate say, what one. would involve raising about $28 billion to $30 billion to purchase the sheer company.

…

“It is unclear whether Microsoft Corp., which has indicated that it is still open to doing some be adapted to of deal with Yahoo, would be involved in any transaction.”

It was unclear from the story what relationship, if any, these latest developments have to the weekend report, which described a webwork transaction involving Microsoft, Yahoo, private investors, Miller and Ross Levinsohn, his associate in tempt fortune first in importance fund Velocity Interactive Group.

Levinsohn publicly called the Times of London story “amount fiction.”

But clearly, Miller, at least, has been involved in the ongoing Microsoft-Yahoo saga. The Journal reports he “has been a behind-the-scenes player in discussions between Yahoo and Microsoft for months, advising both sides on how to make a deal between the two companies work.”


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