HALISTER: Yahoo Bids May Fall Short of $4b-$8b Expected Range: WSJ

Yahoo Bids May Fall Short of $4b-$8b Expected Range: WSJ

(Bloomberg) -- Verizon, others expected to bid ~$2b-$3b in auction for Yahoo’s core business; bids due first week of June, WSJ reports, citing unidentified people familiar.
  • Some offers seen at low end of that range
  • NOTE: Buffett Said to Back Group Bidding for Yahoo Internet Assets
    • YHOO said to have received more than 10 initial offers last month, ranging from $4b-$8b
Alert: HALISTER
Source: BFW (Bloomberg First Word)

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

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