SoftBank Corp-backed Yahoo Japan confirms merger talks with Line

SoftBank Corp-backed Yahoo Japan confirms merger talks with Line

FILE PHOTO: The logo of Line Corp is seen at the company's headquarters in Tokyo, Japan, January 25, 2017. REUTERS/Toru Hanai

SoftBank‘s Yahoo Japan, one of Japan’s top internet firms, confirmed it is in talks to merge with Line Corp, a $27 billion union that would bring the messaging app operator under the SoftBank umbrella in a major tech shake-up.

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