Yahoo extends deadline for bids by a week: Re/code

April 8, 2016 12:46 PM

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Yahoo extends deadline for bids by a week: Re/code

Yahoo Inc (YHOO.O) has extended the deadline to bid for its businesses by a week to April 18, technology news website Re/code reported, citing people familiar with the matter.

Yahoo, whose shares were up 1.4 percent in premarket trading, had set an April 11 deadline for preliminary bids, which could yield a deal by June or July, the Wall Street Journal had reported.

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