Yahoo has set a deadline of 11 April for potential suitors to table a bid for the troubled web giant, according to The Wall Street Journal, amid rumours that fellow digital giants such as Microsoft are also interested in taking it over.
Companies interested in tabling an offer have until 11 April to formally place preliminary offers for its core web business as well as its interests in Yahoo Japan, and Alibaba Group Holdings, with those interested in the outfit asked to provide details on financing, etc., according to the report.
Yahoo has sent out letters to potential Read full story ›
Source: The Drum
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