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Deals Rumor Mill: Yahoo, Acrisure, Schoen

By Benjamin Horney (June 8, 2016, 7:22 PM EDT) -- Yahoo Inc. has tapped Black Stone IP LLC to assist in the sale of roughly 3,000 patents, the Wall Street Journal reported on Wednesday. Yahoo confirmed on Wednesday evening that it is in the process of trying to sell the patents in an email to Law360. Yahoo hopes to net as much as $1 billion in the patent sale, according to the report, which comes amid rumors that Verizon Communications Inc. has put forward a roughly $3 billion second-round bid for the core internet business of Yahoo. Recent reports have Verizon ahead of other suitors, including AT&T Inc. and TPG Capital. ...

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