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Exclusive: Verizon Turns To Former Yahoo Bankers For Bid - Sources


Ron Burgundy
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A Yahoo logo is pictured in front of a building in RolleBy Greg Roumeliotis and Liana B. Baker NEW YORK/SAN FRANCISCO (Reuters) - Verizon Communications Inc is working on its bid for Yahoo Inc's core assets with an investment bank which was, as recently as last year, one of the U.S. internet company's top advisers, people familiar with the matter said. Verizon has added former Yahoo adviser Bank of America Corp to its roster of investment banks, as the U.S. telecommunications carrier seeks an edge over other bidders ahead of a June 6 second-round bid deadline in the auction for the core assets, the people said this week.




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