Yahoo sets deadline for possible sale

Posted online March 29, 2016 | 11:42 am

Yahoo Inc. has given potential suitors two weeks to submit preliminary bids for its core Web business and Asian assets, people familiar with the matter told The Wall Street Journal.

Letters sent to potential buyers in recent days ask for proposals for bids on what assets they'd like to acquire and at what price.

According to the journal, Yahoo set an April 11 deadline for the bids.

Read more from The Wall Street Journal.

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