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Verizon Plans Bid For Yahoo And Its Yahoo Japan Stake: Bloomberg


Ron Burgundy
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Website of Yahoo Japan Corp is seen on a computer screen in TokyoBy Deborah M. Todd SAN FRANCISCO (Reuters) - Verizon Communications Inc 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. Alphabet Inc's Google unit is also mulling a bid for Yahoo's core business, Bloomberg reported, citing a source.




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