Yahoo setting itself up to be sold; Verizon shows interest

About 40 companies have expressed interest

Courtesy: MGNonline

(NBC News) – Monday is the deadline to submit preliminary bids for embattled Yahoo.

Yahoo continues to struggle despite recent attempts to turn itself around with millions of dollars of investments in media and technology.

The once powerful internet company is setting itself up for a sale.

Many industry reports say Verizon is a front-runner among up to 40 companies that have expressed interest in Yahoo so far.

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