Verizon plans bid for Yahoo and its Yahoo Japan stake: Bloomberg


A website of Yahoo Japan Corp is seen on a computer screen in Tokyo August 19, 2009. REUTERS/Stringer

SAN FRANCISCO: Verizon Communications Inc is ready to make a bid for Yahoo's web business, and hopes to make a merger more successful by also making an offer for a stake in Yahoo's Japan subsidiary, Bloomberg reported, citing a source familiar with the matter. 

The telecom giant is planning to make a first-round bid for Yahoo's web business next week, the news organisation said. 

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