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Verizon still leading as a top bidder for Yahoo

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Robert Woodward
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News: Yahoo is expected to select a winner this week.

Verizon Communications, a group led by Quicken Loans founder Dan Gilbert, and private equity company Vector Capital Management are among leading final round Yahoo bidders.

Citing a source familiar with the matter, Bloomberg reported that all three parties submitted bids by Yahoo s Monday deadline, along with AT and another private equity firm TPG.

Yahoo is preparing to auction its search and advertising business.

The company said its board made better progress on strategic alternatives.

The search engine giant is expected to select a winner this week.

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Robert Woodward
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