Verizon, AT&T Set to Make Final Round of Bids for Yahoo Web Assets

U.S. telecommunications rivals Verizon Communications Inc and AT&T Inc are set to go through to the third and final round of bidding in the auction for Yahoo Inc’s core internet assets, according to people familiar with the matter.

After holding a board meeting to review second-round offers, Yahoo will start reaching out to bidders as early as Monday to notify them whether they will make it to the next round, one of the people said.

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