Yahoo Receives Multiple Bids Exceeding $5 Billion

CNBC: Yahoo is said to have received multiple bids at or above $5 billion for its core business. Verizon bid more than $3.5 billion, making it among lower bids received by the tech company. Yahoo’s board of directors is planning on meeting Friday to review the second round of bids for its core business. The best bids will go on to a final round starting next week.