Dan Gilbert Rumors

That consortium is one of several suitors that have moved into the second round of bidding for Yahoo, according to people briefed on the matter. Mr. Gilbert is leading the bid, said the people, who were not authorized to speak publicly. Mr. Buffett’s conglomerate, Berkshire Hathaway, is offering to provide financing, as he has done with the investment firm 3G Capital in its takeovers of H. J. Heinz and Kraft, and is leaving the negotiations to Mr. Gilbert, according to the people.