Actionable news
All posts from Actionable news

Is Verizon the only one that wants Yahoo?

Marissa Mayer in 90 seconds

Can you hear me now, Yahoo?

Monday is the deadline for interested parties to submit bids for Yahoo (YHOO, Tech30). And according to several reports, it looks like Verizon (VZ, Tech30) is expected to make an offer -- and that it should be considered one of the frontrunners.

Verizon CEO Lowell McAdam and CFO Francis Shammo have both mentioned on numerous occasions in media interviews and at investing conferences during the past few months that the company would be interested in Yahoo.

Verizon has already shown a willingness to acquire Internet companies, plunking down $4.4 billion last year to buy AOL. Verizon also scooped up ad tech firm Millennial Media last year for about $250 million.

It's unclear if Mayer would stick around (or be asked to stay) if Verizon bought Yahoo. Many analysts expect that she won't. But there is at least a history between Mayer and Armstrong -- who has reportedly been...