Report: Warren Buffett Part of Second-Round Bid for Yahoo

A potential problem for Verizon.

BerkshireHathawayLogoReuters reporters Michael Flaherty and Greg Roumeliotis got no immediate comment from Warrent Buffett and a decline to comment from reps for both Quicken Loans and Yahoo. But according their sources, the Berkshire Hathaway Inc. chairman is helping finance a bid by for Yahoo’s internet assets by a consortium that includes Quicken Loans founder and Cleveland Cavaliers owner Dan Gilbert.

From the pair’s exclusive report:

The consortium is in the second round of bidding in the auction for Yahoo’s assets, the people said.

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