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DailyCandy backer overheard in sale talks with Yahoo

DailyCandy100million.jpgWill one-time AOL exec Bob Pittman sell email newsletter DailyCandy to Yahoo? That's what DailyCandy execs are said to have discussed over dinner last week at the Village Restaurant in New York. Ben Lerer, publisher of Thrillist, another online publication backed by Pittman, told us he's heard no talk of a sale. But, tellingly, he was very curious to know what we've heard. That's because while Yahoo might be a surprise suitor, Pittman's desire to sell DailyCandy is no secret. In 2006, the WSJ reported Pittman had put DailyCandy on the block, hoping to sell his $3.5 million investment for more than $100 million. If the dinner happened, it's surprising Pittman didn't clue Lerer in. Ben's dad Ken, a cofounder of the Huffington Post, was a close ally of Pittman at AOL.

12:20 PM on Thu Mar 20 2008
By Nicholas Carlson
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