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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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Verizon likely to have lodged $3bn second-round bid for Yahoo

2016-06-07 02:00:00| Total Telecom industry news

Private equity firm TPG reportedly also in the running for troubled Internet company's core Web assets.

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Yahoo Publishes National Security Letter Details

2016-06-03 02:07:17| PC Magazine Software Product Guide

The disclosure is a result of reforms to the USA Freedom Act.

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AT&T joins bidding for Yahoo! - report

2016-05-26 08:39:00| Telecompaper Headlines

(Telecompaper) AT&T has made a bid to acquire Yahoo, people familiar with the matter told Bloomberg. The operator is interested in Yahoo's core internet business. AT&T had previously decided against making an offer, people familiar with the matter said in April. AT&T kept one foot in the process through its stake in digital advertising business YP Holdings, which had proposed a merger with a subsidiary spun out of Yahoo's core business. However, YP is no longer pursuing such a transaction, according to Bloomberg's sources. AT&T is bidding against rival Verizon, which has long been considered a frontrunner to buy Yahoo. While Verizon remains a favorite to acquire Yahoo, it didn't submit one of the highest first-round bids, two of the people said.

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