Yahoo continues to court offers for its core internet business and it may be getting a new $3 billion bid from Verizon . You may recall, Verizon recently bought former web giant AOL. Unfortunately, the bids for Yahoo are coming in well below the $4 billion to $8 billion range people close to Yahoo had expected. Part of the reason for the lower bids may be due to Yahoo reporting that its online advertising business may be declining. Private equity firm TPG is also said to be in the running to buy Yahoo’s core business. TPG has made investments in other tech businesses such as Airbnb, Box, and Lynda.com.
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