Verizon bids USD 3 bln for Yahoo core assets - report

Tuesday 7 June 2016 | 09:03 CET | News
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.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.


Already registered?

Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: General
Companies: Alibaba / TPG / Verizon / Yahoo Japan
Countries: World
::: add a comment

Add comment

Please login or register to leave a comment.

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Verizon set to buy Yahoo! for USD 4.8 bln - report

Published 25 Jul 2016 07:43 CET | World
Verizon has won the bidding to buy Yahoo!'s web assets for USD 4.8 billion, Bloomberg reports. People with direct knowledge of ...

Verizon dichtbij deal met Yahoo - Bloomberg

Published 22 Jul 2016 16:23 CET | World
In de komende dagen zullen Verizon en Yahoo overeenstemming bereiken over de verkoop van Yahoo's internetactiviteiten. Dat ...

New players bid USD 5 bln each for Yahoo assets - report

Published 13 Jun 2016 09:23 CET | World
New bids for Yahoo's core business, patents and real estate assets have come in, Bloomberg reported, saying both Dan Gilbert, the ...

Yahoo puts 3,000 patents on sale

Published 08 Jun 2016 08:35 CET | World
Yahoo has put over 3000 patents in the shop window as it looks into ways of monetizing its intellectual property, Bloomberg ...

Verizon biedt 3 miljard dollar op kernactiviteiten Yahoo

Published 07 Jun 2016 09:25 CET | World
Verizon wil 3 miljard dollar bieden op Yahoo's kernactiviteiten. Dat schrijft de Wall Street Journal waarbij het anonieme bronnen ...

AT&T joins bidding for Yahoo! - report

Published 26 May 2016 08:39 CET | World
AT&T has made a bid to acquire Yahoo, people familiar with the matter told Bloomberg. The operator is interested in Yahoo's core ...

Bids for Yahoo core ops now seen at USD 2-3 bln - report

Published 20 May 2016 09:32 CET | World
Bids for Yahoo's core business are expected to reach a less-than-expected USD 2-3 billion, the Wall Street Journal reported, ...

Buffet backs Yahoo bidder - report

Published 16 May 2016 09:00 CET | World
Berkshire Hathaway Chairman Warren Buffett is backing a consortium vying for Yahoos internet assets, people familiar with the ...

Yahoo shortlists 10 bidders for internet assets - report

Published 02 May 2016 09:23 CET | World
Yahoo! has shortlisted close to 10 bidders in the auction for its core internet assets, including Verizon, with most offers ...