Yahoo shortlists 10 bidders, looks at cash deal: report

Yahoo Inc. has shortlisted 10 bidders in the auction for its Internet assets, including Verizon Communications Inc. , and most offers involve cash, according to a Reuters report Friday. The shortlist also includes private-equity firm TPG Capital LP and excludes small companies that proposed a combination deal, according to the report, which cited people familiar with the matter. The Wall Street Journal last week reported that Verizon was among the bidders for Yahoo. The company’s core Internet business could fetch between $4 billion and $8 billion in auction.

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