AT&T bids for Yahoo’s internet business
AT&T had previously decided against making an offer, people familiar with the matter said. (Reuters) AT&T Inc, the No. 2 US wireless carrier, has made a bid for Yahoo Inc’s internet business, Bloomberg reported on Wednesday, citing people familiar with the matter.
Yahoo’s shares recouped some of their losses following the report and were down 2.3 per cent at $36.64 in mid-day trading. They had dropped as much as 3.7 per cent earlier.
AT&T had previously decided aga
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