Thursday 7 April 2016

Who's going to buy Yahoo? These two tech giants are in line

Who's going to buy Yahoo? These two tech giants are in line

Marissa Mayer and Co. are waving the white flag at Yahoo, and a list of potential, high-profile bidders is forming to pick up the pieces.

The latest report has Verizon as the most serious about a making a deal for the former web giant. The US wireless firm is reportedly working with three banks on a first-round bid, which are due on Monday.

The company is looking to scoop up Yahoo's Web business, and might even go for Yahoo's Japan Corp. stake if it helps sweeten the deal, sources of Bloomberg Technology said.

But it's not the only interested party: Google is also considering bidding on Yahoo's core business, according to the report.










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