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Verizon bids USD 3 bln for Yahoo core assets - report

2016-06-07 09:03:00| Telecompaper Headlines

(Telecompaper) Verizon will submit a second-round bid of USD 3 billion for Yahoo's core internet business, the Wall Street Journal reported, citing sources familiar with the matter. The deadline closed on 6 June. Yahoo is expected to hold at least one more cycle of bidding, and the offers could change by the final round, the sources said. Both Verizon and Yahoo declined to comment.

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Category:Telecommunications

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