HALISTER: Verizon Said Nearing Deal to Acquire Yahoo

Verizon Said Nearing Deal to Acquire Yahoo

(Bloomberg) -- Verizon is the lead bidder, and an announcement may come in the next few days, people familiar with the matter said, asking not to be named because the deliberations are private.
  • Verizon and Yahoo are in one-on-one talks, one of the people said
  • Deal hasn’t been finalized, may still fall apart, the people said
  • Announcement unlikely to come today, they said
  • Yahoo didn’t immediately return messages seeking comment outside of regular business hours. A Verizon representative declined to comment
  • NOTE: Verizon, Quicken, Vector Said Among Most Likely to Win Yahoo
Alert: HALISTER
Source: BFW (Bloomberg First Word)

Tickers
VZ US (Verizon Communications Inc)
YHOO US (Yahoo! Inc)

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