Verizon to Bid $3 Billion for Yahoo’s Internet Business

MarketWatch: Verizon on Monday is said to have planned to submit a second-round bid of around $3 billion for Yahoo’s core internet business. The telecom company, seen as the leading contender to buy Yahoo, was expected to meet Monday’s deadline for the second round of bids. Yahoo is expected to hold at least one more round of bidding, and the offers could change by the final round.