Verizon to submit $3b bid for Yahoo's internet business

Verizon to submit $3b bid for Yahoo's internet business

The logo of Dow Jones Industrial Average stock market index listed company Verizon is seen at a retail store in San Diego, California April 21, 2016. REUTERS/Mike Blake

Verizon Communications Inc plans to submit a second-round bid of around $3 billion for Yahoo Inc’s core internet business, the Wall Street Journal reported, citing people familiar with the matter.

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