Private equity suitors #TPG, #Advent International Corp. and a partnership of #SycamorePartners and #VectorCapital Management are into the final round of bidding for #Yahoo Inc. ( YHOO ), Bloomberg reported citing people familiar with the matter.
The three buyout groups join #Verizon Communications Inc., #AT&T Inc. and #Quicken Loans Inc. founder Dan Gilbert
in the last weeks of the bidding process, with each vying to win Yahoo's core Internet business, as well as some of its intellectual property and real estate assets.
The report indicated that all of the offers value Yahoo from about $4 billion to $6 billion except for Verizon. Verizon's bid was lower -- from $3.75 billion to $4 billion -- because it doesn't include Yahoo's patents and real estate. Verizon would be willing to acquire both additional assets.
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