Google, Verizon 'Planning to Bid For Yahoo' as Bid Deadline Extended [telecom]

Apr 09, 2016 0 Replies

by REUTERS



Verizon is ready to make a bid for Yahoo's web business, and hopes to make a merger more successful by also making an offer for a stake in Yahoo's Japan subsidiary, Bloomberg reported on Thursday, citing a source familiar with the matter.



The telecom giant is planning to make a first-round bid for Yahoo's web business next week, the news organization said. News outlets also reported Friday morning that Yahoo had moved the bid deadline from April



11 to April 18.

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