Verizon close to deal to buy Yahoo, reports suggest

Yahoo Inc is focused on selling its core business to U.S. telecommunications company Verizon Communications Inc after reviewing final bids that it received this week, people familiar with the matter said on Friday. A deal would boost Verizon's AOL internet business, which it acquired last year for $4.4 billion US, by giving it access to Yahoo's advertising technology tools, as well other assets such as search, mail, messenger and real estate.
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