- 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.