AT&T Said to Be Interested in Yahoo's Internet Business

The transcript discusses the ongoing sale of Yahoo's Internet business, highlighting AT&T's unexpected bid despite earlier reports of non-participation. Verizon, a major competitor, has submitted a lower bid, extending the sale process. Other bidders, including private equity firms, are involved, but some lack a deep understanding of Yahoo's business. The sale is expected to conclude in early June, with a final deadline for bids. The reporting process has faced challenges due to tightened information leaks.

How has the bidding process for Yahoo changed over time?

What are the implications of AT&T's involvement in the bidding for Yahoo?