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Verizon's Bid For Yahoo's Web Assets Topped By Others: Source


Ron Burgundy
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Photo illustration of a Yahoo logo displayed on a monitor in Encinitas(Reuters) - Verizon Communications Inc did not submit the highest offer this week in the second round of bidding for Yahoo Inc's core internet assets, according to a person familiar with the matter. No committed financing was required for second-round bids, and Yahoo will put together in the coming days a new shortlist of bidders from which it will solicit binding offers, the person added. Yahoo and Verizon offered no immediate comment.




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