Verizon Bids $3 Billion for Yahoo

by Pace Lattin
PACEDm.com Verizon Communications Inc plans to submit a second-round bid of around $3 billion for Yahoo Inc’s core internet business, the Wall Street Journal reported, citing people familiar with the matter. Private-equity firm TPG was also expected to submit a second round bid for the assets before Monday’s deadline, the newspaper reported.Read the full article