YP Holdings plans first-round bid to merge with Yahoo: Bloomberg

A man walks past a Yahoo logo during the Mobile World Congress in Barcelona, Spain in this February 24, 2016 file photo. REUTERS/Albert Gea/Files
A man walks past a Yahoo logo during the Mobile World Congress in Barcelona, Spain in this February 24, 2016 file photo.

Reuters/Albert Gea/Files

YP Holdings LLC, the digital advertising business of what was formerly called Yellowpages.com, is planning to submit a first-round bid on Monday to merge with Yahoo Inc (YHOO.O), Bloomberg reported, citing people familiar with the matter. (bloom.bg/1VeaBFX)

YP Holdings LLC and Yahoo could not be immediately reached for comment.



(Reporting by Rishika Sadam in Bengaluru; Editing by Savio D'Souza)

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