Is Jonathan Miller Interested in Yahoo?

According to today's Wall Street Journal, former AOL (TWX) Chief Executive Jonathan Miller is trying to raise money to buy part, or all of Yahoo (YHOO). Miller, who along with partner Ross Levinsohn, the former president of Fox Interactive Media (NWS), runs the venture capital fund Velocity Interactive Group, has discussed the idea with Yahoo board members, and believes that a deal in the range of $20 to $22 a share is possible.

It is unclear whether Microsoft (MSFT), which has indicated that it is still open to doing some sort of deal with Yahoo after it abandoned a $47.5 billion proposal last summer, would be involved in any transaction. Miller’s potential involvement with Yahoo has led for a while now to chatter that he was being considered to succeed Jerry Yang. Whether Velocity’s co-founder will succeed, remains to be seen.

Disclosure: None