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Updated offers for Yahoo expected

Jul. 05, 2016 10:24 AM ETAltaba, Inc. (AABA)AABABy: Clark Schultz, SA News Editor11 Comments
  • A third round of bids for Yahoo (YHOO) will arrive tomorrow, sources tip Recode.
  • The early offers from Verizon, TPG Capital, and a group led by Quicken Loands owner Dan Gilbert have disappointed investors.
  • The final selection process is expected to commence on July 18, with an announcement or update anticipated the next day.
  • Shares of Yahoo have had a tough time cracking through the $38 level over the last few months.

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