Verizon nearing deal to acquire Yahoo’s core business: Bloomberg

Sweden’s Kinnevik says Zalando can withstand Amazon threat
July 22, 2016
U.S. asks phone companies to provide ‘robocall’ blocking technology
July 22, 2016
This post was originally published on this site

Verizon Communications Inc (VZ.N) is the lead bidder to acquire Yahoo Inc’s (YHOO.O) core business, Bloomberg reported on Friday.

An announcement may come in the next few days, Bloomberg said.

Verizon and Yahoo were not immediately available to comment.

(Reporting by Anya George Tharakan in Bengaluru)