Berkshire Hathaway has offered to help Cavs owner Dan Gilbert's buy Yahoo.
CEO Warren Buffett said the company offered to be a finance partner for Gilbert's bid, according to CNBC.
"I'm an enormous admirer of Dan and what he has accomplished in Quicken Loans," Buffett told CNBC. "Yahoo is not the type of thing I'd ever be an equity partner in. I don't know the business and wouldn't know how to evaluate it, but if Dan needed financing, with proper terms and protections, we would be a possible financing help."
Along with being the majority owner of the Cavs, Gilbert is also the operator of the Quicken Loans Arena and chairman of Rock Gaming.