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Yahoo Said to Start Approaching Bidders as Soon as Monday

  • Verizon, Comcast, AT&T likely to be among interested parties
  • Buyout firms Bain, KKR, TPG also seen as possible bidders
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Yahoo! Inc. will begin approaching potential corporate and private equity buyers as soon as Monday as the Web company seeks bidders for its core business, according to people familiar with the process.

Companies such as Verizon Communications Inc., Comcast Corp. and AT&T Inc. are among interested parties, as well as buyout firms including Bain Capital Partners, KKR & Co. and TPG, the people said, asking not to be identified as the situation isn’t public. The potential first-round bids for the business are unlikely to come in for at least a month, they said.