US telecoms giant Verizon 'lining up deal for Yahoo'

US telecoms firm Verizon has agreed to buy online portal Yahoo for roughly five billion dollars, according to reports.

US telecoms giant Verizon 'lining up deal for Yahoo'

US telecoms firm Verizon has agreed to buy online portal Yahoo for roughly five billion dollars, according to reports.

The deal is expected to be announced formally before markets open on Monday.

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