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We might know Yahoo’s fate in a month

Bloomberg’s Alex Sherman reports that more then 10 companies have submitted bids for the venerable web behemoth, ranging from $4 billion to $8 billion. According to Sherman’s sources, Yahoo wants to quickly winnow the field down to a smaller number of serious suitors, and believes that it may be able to nail down a deal … Continue reading “We might know Yahoo’s fate in a month”

Bloomberg’s Alex Sherman reports that more then 10 companies have submitted bids for the venerable web behemoth, ranging from $4 billion to $8 billion. According to Sherman’s sources, Yahoo wants to quickly winnow the field down to a smaller number of serious suitors, and believes that it may be able to nail down a deal within a month. Of course, this is Yahoo we’re talking about—and given the long-standing tendency of its best-laid plans to go awry, I wouldn’t be startled if there are plenty more twists and turns to come.

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About the author

Harry McCracken is the technology editor for Fast Company, based in San Francisco. In past lives, he was editor at large for Time magazine, founder and editor of Technologizer, and editor of PC World.

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