Financial savvy: Verizon has added former Yahoo adviser Bank of America Corp to its roster of investment banks.
NEW YORK/SAN FRANCISCO: Verizon Communications Inc is working on its bid for Yahoo Inc's core assets with an investment bank which was, as recently as last year, one of the US Internet company's top advisers, people familiar with the matter said.
Verizon has added former Yahoo adviser Bank of America Corp to its roster of investment banks, as the US telecommunications carrier seeks an edge over other bidders ahead of a June 6 second-round bid deadline in the auction for the core assets, the people said this week.
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