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Exclusive: Verizon Set To Make Yahoo's Bidder Short List - Sources


Ron Burgundy
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File photo of a man walking past a Yahoo logo during the Mobile World Congress in BarcelonaVerizon Communications Inc was set on Tuesday to advance to the second stage of bidding for Yahoo Inc's core assets, as the U.S. internet company went through offers to put together a short list, people familiar with the matter said. Verizon submitted its offer with advice from investment banks Guggenheim Partners LLC, LionTree LLC and Allen & Company, the people said on Tuesday. The U.S. telecommunications company will face competition in the second round from other companies and private equity firms, the people added.




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