Deals Rumor Mill: Yahoo, Hotel Lotte, Wharf Holdings

By Benjamin Horney (June 13, 2016, 6:47 PM EDT) -- Verizon Communications Inc. and AT&T Inc., as well as a consortium comprised of Quicken Loans Inc. founder Dan Gilbert and Berkshire Hathaway Inc. Chairman Warren Buffett, have all made it to the third and final round of bidding for Yahoo Inc.'s core internet assets, according to a report from Reuters on Monday. According to the report, Yahoo is aiming to complete the auction process by sometime next month. Previous reports said that Verizon had put forward a roughly $3 billion bid, and other have said that some of the suitors may have bid as much as $5 billion. TPG Capital Management, which has previously been listed as one of the suitors, was not named as having made it to the final round of bidding. ...

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