Investing.com-- Yahoo Inc., backed by private equity firm Apollo Global Management (NYSE:APO), is prepared to bid for Google’s (NASDAQ:GOOGL) Chrome web browser if a court mandates its divestiture, Bloomberg reported on Thursday.
Brian Provost, Yahoo Search’s general manager, testified in a Washington court that Chrome could be worth tens of billions of dollars, saying it is arguably the most important strategic player on the web, according to the Bloomberg report.
He added that Yahoo and Apollo would pursue the asset if given the opportunity, the report said.
The testimony came during a remedies hearing in the Justice Department’s antitrust case against Alphabet’s Google.
The Department of Justice and several U.S. states have argued that Google should be forced to sell Chrome to curb its dominance in internet search, the Bloomberg report stated.
Bloomberg also reported that OpenAI has shown interest in acquiring Chrome.