Arab Today, arab today verizon plans yahoo bid
Last Updated : GMT 05:49:56
Arab Today, arab today
Arab Today, arab today

The Wall Street Journal

Verizon 'plans Yahoo bid'

Arab Today, arab today

Arab Today, arab today Verizon 'plans Yahoo bid'

US telecoms giant Verizon
New York - Arab Today

US telecom giant Verizon is planning to make a $3 billion bid for Yahoo's core internet business, the Wall Street Journal reported late Monday.

Citing a person familiar with the matter, the newspaper said Verizon was expected to meet the Monday deadline for the second round of bidding.

A third round of bidding was expected, the report said.

Verizon, which owns AOL, has emerged as a leading contender to take over Yahoo as other big names are reportedly dropping out, according to US financial media.

Yahoo, the Internet pioneer that has fallen behind rivals such as Google and Facebook, has said it is studying the possibility of a sale as it pursues efforts to revive growth, focusing on mobile users.

Yahoo chief executive Marissa Mayer has so far failed to revive the company, which in February announced it was cutting 15 percent of its workforce and narrowing its focus as it explored "strategic alternatives".

A media report last month said billionaire Warren Buffett had agreed to work with Quicken Loans founder and chairman Dan Gilbert on a bid for the Yahoo core assets.

Gilbert is also the owner of the NBA's Cleveland Cavaliers team.

Private-equity firm TPG was also expected to make a second-round bid, the Wall Street Journal said, citing a person familiar with the matter.

Source: AFP

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today verizon plans yahoo bid Arab Today, arab today verizon plans yahoo bid

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today verizon plans yahoo bid Arab Today, arab today verizon plans yahoo bid

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Zainab Fadel Oglu designs “Shakerin” mosque

GMT 12:13 2017 Thursday ,11 May

Zainab Fadel Oglu designs “Shakerin” mosque
Arab Today, arab today Seeks to move past rift with Israel

GMT 08:00 2017 Monday ,08 May

Seeks to move past rift with Israel

GMT 09:20 2017 Thursday ,04 May

Facebook profit jumps as user base nears 2bn

GMT 11:51 2017 Tuesday ,02 May

Twitter, Bloomberg team up

GMT 09:52 2017 Saturday ,29 April

Umma Party Interviews President Al-Bashir

GMT 12:46 2017 Friday ,28 April

Online videos of killings pose tricky problem

GMT 09:59 2017 Tuesday ,25 April

A chaotic discovery of power

GMT 06:36 2017 Monday ,24 April

Umma Party Interviews President Al-Bashir

GMT 15:05 2017 Sunday ,23 April

Iraqi channel ends contract with TV host
View News in Arabic - Media: وسائل الإعلام أخبار
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Mozambique's gas boom dream under threat

GMT 16:29 2017 Monday ,08 May

Mozambique's gas boom dream under threat
Arab Today, arab today Prepares to give stargazers an eyeful

GMT 13:38 2017 Monday ,06 March

Prepares to give stargazers an eyeful
Arab Today, arab today Jaguar displays XF Sportbrake line

GMT 14:36 2017 Monday ,08 May

Jaguar displays XF Sportbrake line
Arab Today, arab today BMW sees forecasts in reach

GMT 09:04 2017 Thursday ,04 May

BMW sees forecasts in reach
Arab Today, arab today Climate science: Bad news gets worse

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday