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Yahoo had set an April 11 deadline for preliminary bids, which
could yield a deal by June or July, the Wall Street Journal has
reported.
Verizon Communications Inc <VZ.N> is ready to make a bid for
Yahoo's Web business, and hopes to make a merger more successful
by also making an offer for a stake in Yahoo Japan Corp
<4689.T>, Bloomberg reported on Thursday.
Yahoo was not immediately available for comment.
The company's shares were up 1.2 percent in premarket trading on
Friday.
(Reporting by Narottam Medhora in Bengaluru; Editing by Sriraj
Kalluvila)
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