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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Altaba Inc | NASDAQ:AABA | NASDAQ | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 19.64 | 19.12 | 19.61 | 0 | 01:00:00 |
Verizon Communications Inc. is nearing a deal to buy Yahoo Inc.'s core internet businesses, an agreement that would end a tumultuous period for the beleaguered internet company.
Verizon, long considered the most likely buyer since Yahoo put itself up for sale, could reach a deal to buy the company in the coming days, according to a person familiar with the matter.
Other bidders that have been vying for Yahoo could re-emerge, and an agreement with Verizon isn't guaranteed, the person cautioned.
Bloomberg News earlier Friday reported that Verizon was likely to prevail in the auction.
Write to Dana Cimilluca at dana.cimilluca@wsj.com
(END) Dow Jones Newswires
July 22, 2016 10:25 ET (14:25 GMT)
Copyright (c) 2016 Dow Jones & Company, Inc.
1 Year Altaba Chart |
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