WSJ: Verizon offering $3 billion for Yahoo’s core business

by Greg Sterling
Yahoo is worth $35 billion but Verizon is expected to bid about $3 billion for the company, according to the Wall Street Journal. Previously, analysts had anticipated bids of between $4 billion and $8 billion. In 2008, Microsoft offered to buy Yahoo for roughly $45 billion. Second round bids are being submitted this week.Read the full article