
A man drives a Mini Cooper with a Yahoo! logo in front of Yahoo! headquarters in Sunnyvale, California.
According to the sources, the companies may be ready to announce a deal in the coming days. However, it hasn't been finalized and may still fall apart.
If it goes ahead, Verizon could probably merge Yahoo's internet business with its own web search engine AOL.
Among the bidders interested in the company's core business were Japanese online retailer Rakuten, Yellow Pages owner YP (backed by AT&T), Quicken Loans founder Dan Gilbert, Vector Capital Management, private equity suitor TPG, and others.
Analysts expect the final bid in the range of $3.5 billion to $6 billion, to include Yahoo's land and patents.
This week Yahoo reported its quarterly earnings, again missing Wall Street estimates. Revenue (minus commissions paid to partners for web traffic) fell 19 percent in the second quarter to $1.31 billion. It is the sixth decline in the past seven periods.














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