AT&T seeks to top Verizon as Yahoo reviews new bids
New York
YAHOO Inc is set to put together a new shortlist of bidders for its core internet assets after several parties, including Verizon Communications Inc and AT&T Inc, made second-round offers, people familiar with the matter said.
In a boon to the prospects of AT&T and other bidders in the auction, Verizon's offer was at the low end of those received, despite the synergies it could benefit from thanks to its ownership of media unit AOL, one of the people said.
TRENDING NOW
8 public officers referred to police over property buys near unannounced MRT stations: Chan Chun Sing
Retrenched PMETs who return on lower pay see median 25% wage cut
Grab CEO’s wife Chloe Tong on life with Anthony Tan and finding her purpose
Vietnam’s northern provinces, not Hanoi or Ho Chi Minh City, are powering near 10% GDP growth